Looking at the price chart we can see, that BTC/USD has gone into a horizontal channel formation after its bullish run. It has been rejected by the resistance line, now as it bounced from the support of the channel formation I am looking for another retest of the resistance line. Expecting the price to go trough the resistance, make a retest and bounce further in the bullish direction.
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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.