MadWhale

BITCOIN wait for breakout πŸš€

Long
BITSTAMP:BTCUSD   Bitcoin
Based on the chart, the price is located in purple zone, and here we have two vital trend line (the green and the red trend line) and tow major support and resistance area ($36500 and $43000) βœ”οΈ
if
the price breaks the purple zone, the red trend line ($42500 to $44500area) and the resistance area to the upside we will see more gain at least to $52000 area πŸš€
before more gain, we can see brief correction like the chart arrows βœ”οΈ

fundamental point
other sign for more gain could be the more buy position by the wallet that contains more than 10 bitcoin exactly like 2018 βœ”οΈπŸ³

but if
the price breaks the support area here (36500) to the downside we will see more correction ❌🧨

Please, feel free to ask your question, write it in the comments below, and I will answer.πŸ‹

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