As I predicted, Bitcoin successfully reached 25.000 level. Being a solid resistance, the next bearish wave may initiate from that structure.
Even though the market is bullish this summer, remember that it is trading in a global bearish trend. To catch a bearish trend continuation, watch a bearish flag pattern on a daily time frame. Its bearish breakout (daily candle close below its support) will trigger a strong selling reaction.
Alternatively, a bullish breakout of the underlined resistance may trigger a further bullish continuation. The next resistance on focus will be 28000 - 28900 area.
Good luck!
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.