August 12, 2020

Bitcoin will make an important choice soon

BTCUSD
We are again stuck between the line of resistance and the line of support. Bitcoin made a false breakdown of the line support and was in this triangle for a very long time, so I expect a strong increase or a strong fall. You can open 2 trades with small stop loss in both directions.
In case of growth, I expect at least the resistance level of 10900 to be reached, and in case of fall, I expect the price to reach the important support line at 9118.
And although I predicted a short-term forecast, I expect a strong movement.

Link to the idea

Bitcoin will make an important choice soon