MikeTrike

Bitcoin BTC/USD possible bounce from this levels or drop to 6800

BITSTAMP:BTCUSD   Bitcoin
I see major support lanes here and possible bounce to 8800$ from this point. Isee bullish flag (1H Chart) here,support lanes, down point of corridors, Fibonacci level. If we'll brake 7500$ level,next level 7200$ probably not gonna stop us and we'll hit 6800$.

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.