When we look at
BTC globally we see that it bids inside the big horizontal channel which can be considered as a bullish flag, therefore we can expect a breakout of the resistance after some consolidation. However, if the support is broken, we should expect a strong correction downward.
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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.