MMBTtrader

BTCUSD again some dump or local correction is ahead ?

Short
MMBTtrader Updated   
BITSTAMP:BTCUSD   Bitcoin
As we can see price break channel to the upside and we mentioned that happening from 41K support but now the price may need some rest near 50K Resistance or even on 52K resistance.

We can look for targets like 43K-45K this time because now we have local support also there too.

Notice: The market is a little bullish now so if it breaks resistance here(52K resistance) then more pump is also expected.

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The previous dump from 52K resistance:


this time from 50K ? or 52K again? (50K resistance is also touching now)
Comment:
NEW update and major resistance zone sell pressure that is started:

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