-Bitcoin faces another rejection at the flat resistance zone -The price is likely to retest its upward trendline of support -The trendline support is a confluence of the 50D MA area -If the Bulls will repeat the recent bounce at support trendline -Then, this bullish ascending triangle will increase its probability -We might see a break above the 61k dollars soon -But if the 50D MA and trendline support fails -A test to the 50k dollars region might be on the card -Please be cautious at the moment -Make sure to plan your next trade
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
`````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
Thank you!