An analyst has explained what some charts related to Bitcoin could say regarding whether the current run can lead to a new high or not. Bitcoin Momentum May Be Stalling According To These Signs In a new post on X, analyst Ali Martinez has talked about some technical analysis (TA) signs that could reveal if it’s time for Bitcoin to reach a new all-time high (ATH). Related Reading: This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says Here are the charts that the analyst has shared: The first graph shows a TA pattern that Bitcoin has potentially been trading inside for the last few months. The pattern in question is a “Parallel Channel,” which emerges whenever an asset’s price observes consolidation between two parallel trendlines
source: https://www.newsbtc.com/bitcoin-news/bitcoin-ready-new-aths-what-the-charts-say/