Bitcoin | Both scenarios have a high chance of happening

Bitcoin | Both scenarios have a high chance of happening

From the chart, we can see that Bitcoin is creating a big expanding pattern.

It looks very well how the pattern is created for the moment as the price keeps growing.

On the lower time frame the price has established a small bearish trend.

I have placed two scenarios on the chart and both have higher chances of happening.

Thank you and Good Luck!

Comment:

Bitcoin is breaking out of the Descending Channel

Comment:

Trade closed: target reached:

Bitcoin | First Target Reached