Hello my friends, today I want to talk with you about BTC .
Bitcoin in range 28600-31100 is already more than 10 days.
Someone big whale accumulate position, I think long position.
In local picture, price trades in rising channel .
And I think price can decline to bottom part of this channel in support zone around level 30,000 USD.
Then I expect upward impulse to current resistance level 31,000 USD
Maybe even price can break resistance level and finally comes out of range.
So be ready for such scenarios.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Bitcoin in range 28600-31100 is already more than 10 days.
Someone big whale accumulate position, I think long position.
In local picture, price trades in rising channel .
And I think price can decline to bottom part of this channel in support zone around level 30,000 USD.
Then I expect upward impulse to current resistance level 31,000 USD
Maybe even price can break resistance level and finally comes out of range.
So be ready for such scenarios.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
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Trustful exchange 👉 http://www.kucoin.com