BTC: BOUNCE OR DIE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is currently trading below $20k level. It is forming an expanded ascending channel in the daily time frame and currently near the lower trendline of this channel. Last 3 times when price came in this range then we saw a good upside movement from here. So if BTC holds this trendline this time also then we can expect some bounce.
Any daily close below this trendline ($19k) will be very bad for BTC.
What do you think guys?
Do you think that we might see a bounce from here or do you think that we see more drop from here?
Share your views in the comment section.
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Thank You!
