Bitcoin formed that channel and still respectected the horizontal support level below it, thus if it breaks out above the channel resistance line then we should expect a bounce to 31000 again
Note
ITS BREAKING OUT NOW!!!!!!!! LETS WAIT FOR BREAKOUT CONFIRMATION
Note
THE BREAK OUT SEEMS TO BE STRUGGLING, BUT LETS GIVE IT SOME TIME TO CONFIRM
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.