I will let you know the criteria for setting the BTC direction
This is #BTC 4H chart.
If the movement make breakdown the BOX pattern's under line, It can rebound at the RED lines
If the movement make breakdown the BOX pattern's under line, It can rebound at the RED lines
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an expansive wave
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As you can see from the chart, Bitcoin has been on an upward trend.
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Bitcoin is precariously perched on the edge of its upward channel, refusing to break down despite bearish pressures. If it can manage to decisively pierce the red short-term descending trendline and continue its ascent, it could very well reclaim the upper box range, offering a glimmer of hope for bulls.
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For a bullish flag pattern to form, a breakout above the red line at the top of the channel is essential.
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