Bitcoin price managed to breach the key resistance area at 496.80 after consolidating successfully at 76.4% fibonacci level at 339.40 ( zooming out the chart will show the whole idea), and that opens the way to regain the main bullish trend again , with next targets located around 624.00
A daily close above 496.80 will provide more support to the bullish trend continuation , while breaking below it will push the price to test 425.00 ares and might extend to visit 339.40 again.
A daily close above 496.80 will provide more support to the bullish trend continuation , while breaking below it will push the price to test 425.00 ares and might extend to visit 339.40 again.