BTSUSD get to 5800 ???

5 Apr 2020

After analyzing BTCUSD, we see that a month ago the price reached the lower level of the channel, after which Bitcoin reached the upper line of the channel and made a false breakdown to the upper resistance line. Now the price is at the intersection of two resistance lines, one of which is strong. In addition, analyzing the chart for a long time, we see that the trend is falling. Therefore, at the moment I expect the BTCUSD to fall to the support line ≈5800.