Currently Bitcoin is between 30K support area and two resistance area in 35K and 41K. Two scenarios are in font of Bitcoin right now. Although first Scenario is more probable, considering volatile market in these days we strictly advice to watch market carefully and open positions with Stop Loss.
Scenario 1 (Bullish)
Presented with blue arrows. It is possible for...
Bitcoin breached out of the longer channel and placed in a bearish channel, it is expected to at least touch the bottom of bearish channel. the second target is to decrease equivalently to the size of larger channel width.