August 12, 2020

Time to choose, Bitcoin.

Here it is, the key point.
The price is clamped on both sides and now she needs to make a choice. Below does not give Bitcoin a strong support line falls, and the resistance line does not allow to rise above.
Now only punch one of the lines.
In case of breaking the support line, I expect a quick impulse down to the support level of 8940 near the support line.
If the price breaks the resistance line, I expect a more smooth growth at least to the resistance level of 12000 (at the intersection with two resistance lines)

Time to choose, Bitcoin.