#BTCUSD: Looks to be building out an ascending channel
#Bitcoin still remains bullish after a show of high volatility on these complex events; the bitcoin halving, Paul Tudor bought bitcoin, JPMorgan bank takes on Coinbase, Gemini as its first crypto exchange customers,...
Two possible scenarios
*2. Leaning towards the bearish side, breakdown of the support line will result in revisiting 7,600 level. If losing that support would lead bitcoin to the bear market on the mid term.
Don't predict the market, stick your plans in all scenarios and always have a plan B.
#Bitcoin still remains bullish after a show of high volatility on these complex events; the bitcoin halving, Paul Tudor bought bitcoin, JPMorgan bank takes on Coinbase, Gemini as its first crypto exchange customers,...
Two possible scenarios
- 1.
*2. Leaning towards the bearish side, breakdown of the support line will result in revisiting 7,600 level. If losing that support would lead bitcoin to the bear market on the mid term.
Don't predict the market, stick your plans in all scenarios and always have a plan B.
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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.
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.