Bitcoin is having another attempt at cracking that resistance the aqua blue line!
If we break that the next resistance is the green line which I have labeled as Major resistance, if we breakout from the greenline, the whole bearish scenario of an ascending channel playing out a bearish pattern is invalidated!
which then we are in full BULL MODE
If we break that the next resistance is the green line which I have labeled as Major resistance, if we breakout from the greenline, the whole bearish scenario of an ascending channel playing out a bearish pattern is invalidated!
which then we are in full BULL MODE
Note
zooming out Note
and zooming out even more Note
we got rejected by the resistance level, but we are possibly forming a inverse head and shoulders pattern, if it goes lower then orange line it will be invalidated and we will visit the 1h 200MA 
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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.