Bitcoin price is now trading above $59K. Bullish move will continue if breakout happens.
Otherwise we will see a rejection from Upper Trendline around $60K.
What do you think will breakout happen ?
Bitcoin has broken out of the descending channel pattern, which is a bullish signal.
Bitcoin respected the pattern, and after the breakout, the price is pumping.
If it continues to follow this pattern, we could see the price reach $59,000.
Bitcoin's price is dropping significantly and has hit a low of 55,600.
It’s currently at an important support level. If it breaks this support and closes below it, the price could fall to 52,000.
Trump's chances of winning seem to be increasing, which is bullish for crypto.🔥
Bitcoin Dumping after Binance has seized all Palestinian assets at Israel's request.
This Morning view with a cup of tea, hits different 😌☕ Agree ❓
Keep Phavering Fam. 💜
🔸Bitcoin didn't hold its lower trendline and broke down.
🔸The price touched the $56,000 mark and is now reversing, but the volume is still low, so another drop could happen.
🔸An important support level where it could bounce back is $55,000.
