Bitcoin

BTCUSD after breaking descending channels, what is next?

5 024
46K$ support was strong enough for the local pump to 51K$:
BTCUSD Strong supports of 40K and 45K are last chance for buyers


and now as we can see price stop pumping near the 200MA resistance zone and we have two possible paths now:
A. correction to 48K support at least. (Red arrow).
B. breaking 200Ma and more pump to 56K$ at least.

Strong supports and resistances ahead are also mentioned on the chart.

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