cybernetwork

Bullish if BTC breaks above resistance line.

BITSTAMP:BTCUSD   Bitcoin
BTC will have a chance to retest the 18.5k USD level and potentially the 20k USD level if it is able to first break above the long-term yellow descending resistance line, and find support first.

Bearish if the purple support line fails, with the first target at ~13kUSD.

Resolution of either case expected to occur before 14Dec'22.
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.