Hi everyone
A quick review on Bitcoin to see a possible scenario in short term:
if you follow my last analysis I showed how price broke long term trend line
from March 2020 and drop below it.

so we can not expect new bull trend for longer charts.
but we can see now the price is moving into an ascending channel, if this channel forms well
we can have a limited rally between 39500$ to 41000$ before another drop.
so for now we can follow the price into the channel. breaking above or below the channel can
change our scenario as well. lets see
Enjoy the market
A quick review on Bitcoin to see a possible scenario in short term:
if you follow my last analysis I showed how price broke long term trend line
from March 2020 and drop below it.
so we can not expect new bull trend for longer charts.
but we can see now the price is moving into an ascending channel, if this channel forms well
we can have a limited rally between 39500$ to 41000$ before another drop.
so for now we can follow the price into the channel. breaking above or below the channel can
change our scenario as well. lets see
Enjoy the market
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