Bitcoin USD | A Large Ascending Channel

Mar 29, 2020

Hello

A large ascending channel was formed on bitcoin

- as long as the price remains within it, we can expect continued growth with the minimum goal of closing the gap on
CME 6600-6700

(if consolidation occurs then the test of the upper boundary of the channel 7200-7400)

If the price goes below 6,000 and gain a foothold there, then magnetically and the target will be local support at the level of 5650-5500

This is just my opinion, and is not a call to action)

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Mar 29, 2020

Note

if the price leaves the channel and doesn’t come back - then I see this option

Apr 1, 2020

Note

I see we have formed a large triangle, possibly lowering to the bottom of the triangle and the beginning of the upward movement with the goal of 6500-6800