The price takes hold above the strong resistance level - $5650.
At the moment we can see how a triangle with flat top is forming, as you know - it is a bullish pattern
. So, in case the price will break the $5800 level and keep above $5850 - we can expect further price movements. However, in case the $5650
support will be broken - we can open a SHORT position.
But let's back to the growth prospects
, I have some more information to tell: the major resistance is located at $6030
. If we would have enough powers to break through one, the Bitcoin
will up to $6450 - $6550
zone where it will face the resistance of the ascending channel
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