Bitcoin's bearish momentum accelerated today as market prices fell to $3425 with the cryptocurrency nearing the middle of a longer term bullish channel where support may be established to help slow the speed of its abrupt price drop. Some additional trajectories are plotted through the middle of November in the accompanying chart, where 
BTCUSD could return to $5000 after first reaching near $2500 if the prior trend repeats.
- shatzakis
BTCUSD could return to $5000 after first reaching near $2500 if the prior trend repeats.- shatzakis
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.