Bitcoin On A Rising Broadening Channel
Price action on Bitcoin has formed a repeating pattern since it pumped up early April 2019. If it plays out the same pattern, price may potentially reach $6,200 if it rebounds from the support line at $5,300.
Other scenarios may turn out that the price may push higher than the resistance line or price may drop lower than the support line of the rising broadening channel.
Remember to put you stops at appropriate levels.
Other scenarios may turn out that the price may push higher than the resistance line or price may drop lower than the support line of the rising broadening channel.
Remember to put you stops at appropriate levels.
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