Bitcoin / TetherUS
Updated

Bitcoin's Breakout. Descending Channel - 23. APR. 2020.

182
Hello Traders.
The last few days were boring, but finally an Breakout, I think we can expect a drop to 7200 in the coming days.
If we stay around 7200 for a while and stay in the Ascending Channel,
then BTC will be able to make a pump to 8000 before we see more downside.

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This is not for financial advice but for education!

Have a great day everyone!
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If you look at the green boxes you can see that this has happened before.

So BTC falls back twice after a pump to the place where the pump started if we now fall again after 1 or 2 days, 6800 will probably be tapped
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The 0.618 will be tested 6800 is also a strong level
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