BTC [Bitcoin] Just broke key resistence, headed to 20k
As we can se Bitcoin has been trading within the large rising wedge which was a dead-cat bounce that had topped at 53k.
Right now we have broken the key support and are most likely headed to 28k or even lower, however we have to pay close attention if next few daily candles close above 44-45k region which would indicate that the low 40k levels acted as strong support and we could see more up action.
Right now we have broken the key support and are most likely headed to 28k or even lower, however we have to pay close attention if next few daily candles close above 44-45k region which would indicate that the low 40k levels acted as strong support and we could see more up action.