Bitcoin broke its previous downtrend line. It seems to be on an uptrend, but there is a green resistance against it, which allows the re-downtrend to move up to $ 47,000.
If Bitcoin breaks the upward resistance, we can expect it to climb to the $ 55,000 range.
If Bitcoin breaks the upward resistance, we can expect it to climb to the $ 55,000 range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.