Bitcoin Mid-Term Scenario
BTCUSDAfter the decline in stock indices, cryptocurrencies also began to decline. Today we are testing support and we see that there is already a slight oversold. In the near future, we will see a gradual rebound about this we are told by divergence on the hourly timeframe, however, to break through the accumulation zone of 9500 we need more positive in the markets. We believe that consolidation will continue in the near future at the bottom of the channel. After the accumulation, a break through the trend may become a likely scenario, after which testing it as a resistance line may become a good signal for short. Be carefull
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