Degen

#BTC 1 D is currently in an ascending channel and is ranging for now. As long as it stays below the middle line of the channel, it has the tendency to reach the bottom of the channel. Order blocks or liquidity zones, even with a shadow, could trigger to fill the orders and liquidity.

If it can break through the channel to the upside, targets of $112k, $117k, and $127k are within reach. However, if it can’t hold the strong support level (which also has strong liquidity at $86k and $81k), it could drop.

There’s also a descending wedge pattern forming, which usually breaks upwards, with the target being the top of the pattern. 📈💰🚀