COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We had predicted in last analysis that BTC will find strong resistance from the upper line of the descending channel around $12000. It bounced back from that line today.So, what's next?

BTC should find support from the uptrend line which formed inside the channel. Just below this uptrend, there will be $10000 level. This level should be watched carefully if it's broken down a fall to $9100 level is possible.

On the other hand, as we mentioned in our previous analysis BTC will give us a strong bullish sign if it breaks out the descending channel .
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