From my previous 
BTC bitcoin analysis, Bitcoin successfully retested the rising channel for higher prices.
Current Price: $69800
On closer observation, Bitcoin has further transitioned from a Falling Channel to now an inverse head and shoulder pattern with neckline resistance around $71,500
If Bitcoin is going to move to higher prices then price action need to break key resistance btw 71500-73000 to make All time highs up to 84k. This will cause altcoins to rally for higher prices.
Else if #Btc continues to reject $71500, then expect retest of previous support: 67k. Consequently altcoins will further lose value.
BTC bitcoin analysis, Bitcoin successfully retested the rising channel for higher prices.Current Price: $69800
On closer observation, Bitcoin has further transitioned from a Falling Channel to now an inverse head and shoulder pattern with neckline resistance around $71,500
If Bitcoin is going to move to higher prices then price action need to break key resistance btw 71500-73000 to make All time highs up to 84k. This will cause altcoins to rally for higher prices.
Else if #Btc continues to reject $71500, then expect retest of previous support: 67k. Consequently altcoins will further lose value.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.