📅 28.05.2026 · Bitcoin Is Quietly Getting Exposed · 👁️ 6
"What you don't want to see are some big fat daily candles get confirmed underneath this channel because that means we're probably then going to $62,000 which is the technical target of the breakdown of the channel."
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Iniciar sesión…ly going under this channel, which would be pretty bad news, I think, in the short term because the technical target. You'd want to see if we go under the channel, you want to see it look something like us going over the top of the channel here where we have a few days just kind of peeking under and then it finds its eventual support in this area. What you don't want to see are some big fat daily candles get confirmed underneath this channel because that means we're probably then going to $62,000 which is the technical target of the breakdown of the channel. Very clear, very simple. Okay, Bitcoin on the weekly, by the way, 68, $69,000 with the 200E uh EMA is at currently. You'd want to see price bounce around there. I think the 200 week simple moving average is more like 64 63,000 currently. So, that 62k price target is not so crazy, is it? If we get the channel breakdown, but hasn't happened yet. Not…