BTCUSDT , Binance, daily chart time frame

I'm watching at this expanding channel pattern thinking that Bitcoin can retest the 50000$ and than possibly going down to 40700 $ to get liquidity from that area.

From there few different scenarios can happen: going further down to test the daily 200 MA at 32587$ or bouncing up breaking the resistance and going up to 50000$ again .

Let's see what happens .


Let me know in the comment what you think .