Market Update - After 2 days of completely sideways price act | 🪙 COIN DISTRO FX 📊

Market Update -

After 2 days of completely sideways price action, yesterday Bitcoin broke out of the descending channel which had been in play for 10 days. We can see that the exact level of resistance on the move up was the previous week high (PWH).

Since rejecting the PWH level BTC has, so far, successfully backtested the channel and it is now trading around the current range midpoint yet again. Lets see how the stocks open today.