As you can see in the chart above, the price has reached the bottom of our hypothetical channel and formed an important PRZ area. There are two possible scenarios for Bitcoin:
1) Ascending scenario (1) - in case of failure of the resistance dynamic line.
2) Downside Scenario (2) - If the price stabilizes below $ 34,300.
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-4H Chart
In any case, we will wait for the trigger and trade in the direction of the trend ...
1) Ascending scenario (1) - in case of failure of the resistance dynamic line.
2) Downside Scenario (2) - If the price stabilizes below $ 34,300.
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-4H Chart
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