BTC/USD - BRIEF UPDATE

After the dump BTC formed a correctional ascending channel and a horizontal level between $5100 and $5200. Because of these facts I can see only bearish final there. However, there is one thing that can change the whole picture - heavy pump. In this case the price can goes up to $5300 - $5400 area and higher, so you if you hold a SHORT position - put a stop loss above $5200. turning to the subject of falling - on the way down we have a number of major resistances: $5010 and $4700 - $4800.

If you like this idea, do not forget to put Like and subscribe to the profile, so as not to miss the update.