TraderSimon

What's next for Bitcoin? If... Then Scenario

COINBASE:BTCUSD   Bitcoin
My previous analysis was correct and Bitcoin dumped through the red stop levels as predicted.
What's next for Bitcoin? That really depends how the market retraces to that old support level which could now become resistance.
Price action at this juncture is key. Here's an If... then scenario for what is likely to happen.

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