Nekot

BTC $50k arround 21st aug 2021.

Long
BITFINEX:BTCUSD   Bitcoin
Looks like $BTC is getting some momentum in the pink parallel channel upwards and now finding resistance at the 200 MA on the daily. We see some bearish divergence witch might bring $BTC back and test the purple resistance line coming downwards. This is also the 0,618 FIB level and the lower support of the pink channel.
If $40k can hold, it will take $BTC to the next resistance cluster at arround $50k at arround 21st of august.

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