PAST-TEAM

Bitcoin, fall or rise ?!

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is now on a new path after growing to $ 65,000.
I have two scenarios for BTC:
1. Green Line: Returns to the price of $ 53500 and reaches the channel 60.000. If it can break the 61,000 resistance, bitcoin will enter the growth channel and experience new prices.

2. Red line: Can not break the resistance of 60,000 and will fall. The fall will create a flag pattern and will continue to the 44,000 / 48,000 channel.

* I hope my comments are useful to you.

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.