BITCOIN (BTCUSD): Key Resistance Ahead! Your Plan:
Updated
As I predicted, Bitcoin successfully reached 25.000 level.
Being a solid resistance, the next bearish wave may initiate from that structure.
Even though the market is bullish this summer, remember that it is trading in a global bearish trend.
To catch a bearish trend continuation, watch a bearish flag pattern on a daily time frame.
Its bearish breakout (daily candle close below its support) will trigger a strong selling reaction.
Alternatively, a bullish breakout of the underlined resistance may trigger a further bullish continuation.
The next resistance on focus will be 28000 - 28900 area.
Good luck!
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