BitcoinLong
BTC $50k arround 21st aug 2021.
Looks like BTC is getting some momentum in the pink parallel channel upwards and now finding resistance at the 200 MA on the daily. We see some bearish divergence witch might bring BTC back and test the purple resistance line coming downwards. This is also the 0,618 FIB level and the lower support of the pink channel.
If 40k can hold, it will takeBTC to the next resistance cluster at arround 50k at arround 21st of august.
BTC is getting some momentum in the pink parallel channel upwards and now finding resistance at the 200 MA on the daily. We see some bearish divergence witch might bring BTC back and test the purple resistance line coming downwards. This is also the 0,618 FIB level and the lower support of the pink channel. If 40k can hold, it will take
BTC to the next resistance cluster at arround 50k at arround 21st of august.
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