3 Scenarios For BTC 1 HR

1: Continue recovery from the correction in this channel and eventually break out into the green area for where we see a large amount of support. (red arrows)

2: Dip again and form a double bottom (W) before heading back up to the green area. (blue arrows)

3: Fall below the ascending triangle (zoom out) and hopefully find support at 50k or 48k.

Altcoins are performing well with BTC ranging sideways between 53k-59k. Would be a shame to see a big move either up or down on BTC as it would some what ruin or delay the alt season we are seeing.