Bitcoin as well as many cryptos have made headlines the past few days due to the recent jump, bitcoin itself jumped by almost 11%. Now price is heading to key resistance at $7600
Scenario one: Bearish pullback followed by a Bullish Channel (New Trend Structure)
Scenario Two: Bullish breakout above $7700 (Another Bullish Flag)
Scenario Three: Bearish breakout above $6900 followed by Bearish movement to key support
Scenario one: Bearish pullback followed by a Bullish Channel (New Trend Structure)
Scenario Two: Bullish breakout above $7700 (Another Bullish Flag)
Scenario Three: Bearish breakout above $6900 followed by Bearish movement to key support