BTCUSD Price Heading To Resistance
Bitcoin as well as many cryptos have made headlines the past few days due to the recent jump, bitcoin itself jumped by almost 11%. Now price is heading to key resistance at $7600
Scenario one: Bearish pullback followed by a Bullish Channel (New Trend Structure)
Scenario Two: Bullish breakout above $7700 (Another Bullish Flag)
Scenario Three: Bearish breakout above $6900 followed by Bearish movement to key support
Scenario one: Bearish pullback followed by a Bullish Channel (New Trend Structure)
Scenario Two: Bullish breakout above $7700 (Another Bullish Flag)
Scenario Three: Bearish breakout above $6900 followed by Bearish movement to key support
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.