Bitcoin has been making higher lows since June, and continued to fail to break the downtrend channel that had formed since early March.
If we successfully break up. I expect it to go 7370-7670 area
If we fail to do so, I am looking into 5500 area, rather than the huge support at 5700-5850 area.
If we successfully break up. I expect it to go 7370-7670 area
If we fail to do so, I am looking into 5500 area, rather than the huge support at 5700-5850 area.
Trade active:
We hit 5500 and trying hard to close above it on daily chart.