Breaking above 2,800 would be easy as this zone has been revisited 11 times (see 1hr TF). Just need more buy volume to confirm the breakout from this bullish pennant .
If BTCUSD 0.00% breaks out from the pennant , it could retest 3,000. If it breaks down below the pennant , it could revisit 2,600 and bounce back up again.
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Bitcoin broke down from the pennant. Retesting 2600 price levels. If demand is high on that level, there could potentially be a reversal.
Watch for the price action in the coming hours. Swings are going to be huge.
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If BTCUSD moves below support at 2600, then next support would be 2550. If it goes lower, support could settle near the upward trend line.