Kevin_Sailly

BITCOIN BROKE OUT SYMMETRICAL TRIANGLE & CREATE DESCENDING CHNL!

BINANCE:BTCUSDT   Bitcoin / TetherUS
Here's my thought on Bitcoin right now, I think we could possibly see Bitcoin will try to retest the Recent Resistance and also top of the Descending Channel.

If Bitcoin were able to break the Fibo 61,8%, then we might see Bitcoin testing the top of the Descending Channel at approx around $34.200

Any rejection from 61,8% will bring Bitcoin into downside pressure.

Disclaimer : This is not financial Advice
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.