ProR35

BTC H4 scenarios

BITSTAMP:BTCUSD   Bitcoin
Very important time for BTC as the bottom trendline is tested, failure to hold this area could lead to a retest of the 20k and 17k levels respectively resulting in a double bottom.

On the other hand if the bullish trend holds then an expected lower higher could be the result of a short expansion to the upside, maybe the 23k area.

Not financial advice

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