The current news around BTC and crypto's have not been good as prices started falling from December and January. We could possibly see a retracement back to around the 5000 dollar mark. A new strong resistance line has formed at the 12700 dollar mark.
We could see a bearish channel confirmation as marked in the next couple of days if prices reverse and break the 12700 dollar mark.
We could see a bearish channel confirmation as marked in the next couple of days if prices reverse and break the 12700 dollar mark.