The above chart of Bitcoin laid out an ascending channel pattern. Ascending channel also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend .
Currently, Bitcoin ( BTC ) is in the range of $24515. If the pattern continues, the price of BTC might reach the resistance levels of 32119.If the trend reverses, then the price of BTC may fall to $18988
Comment your direction Probability 1 or Probability 2 ?