TahaZargar

Bitcoin is deciding in important zone, 44K or 51K?

TahaZargar Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin is moving in an uptrend channel in 4H time frame and as you can see it is now at the bottom of the uptrend channel.

Now there is two possibilities:
1. Break down of the uptrend channel which needs a 4H candle close below channel's lower line
2. Showing some strength with a 4H candle close above 48300$

I published this idea sooner because of you, To make your decision wisely.

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Comment:
Bearish scenario happened, Next target is 44K - 42K
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