KRAKEN:BTCUSD   Bitcoin
On the monthly, we are ranging between 17.5 and 24k.

If we close below the trendline in 11 days, we could break down from 17.5k and wick to 14k. Next chance to break the long lasting down trend is in November.

If we close above the trendline, we have a fair chance at breaking up from 24k and hit 28k. The current candle looks super ugly, let's pray 😊
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.