Bitcoin
Long
Updated

BITCOIN - 2 SCENARIOS

Hello Traders !
The Bitcoin price formed a descending triangle pattern.
We have 2 scenarios:

BEARISH SCENARIO:
if the price breaks and closes below the support level (67276 - 66259),
We will see a huge bearish move📉
TARGET: 61640🎯

BULLISH SCENARIO:
if the market breaks above the resistance line and closes above that,
We will see a bullish move📈
TARGET: 71400🎯
Trade closed: target reached
🔴I Didn't Enter into a Buy Trade !
🎉Congrats for Buyers !
snapshot

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.