BitcoinLong
BTC likely ready for a new thrust
BTC has remained in this channel since 2 days, It has jumped from fib 618 as expected which shows it is a continuation of previous 36500 wave, it is likely to move higher. A strong jump towards R2 might be expected at 35950 in the next hours. Be wary of this channel as if it breaks down, things may start looking as a bit of bearish reversal.
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.