If we have a very simple look at the BTCUSD chart, we see the price can be drop to around 5,800 $ and then start the uptrend.
Note
Hello my friendsDo you remember my very simple analysis in the 1st June ? I predicted, before the BTCUSD uptrend begins, might be drop to 5,800 level.
In the last two days we saw that the Price couldn't valid breakout the descending triangle and returned to pattern with strong bearish candles.
We have to look carefully to BTCUSD Chart in these days.
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Disclaimer
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.