Bitcoin is forming a diamond pattern right now.
If we are able to break the pattern to the upside It's highly likely we can see 63k level soon.
I still stand with my previous BTC chart.
A retest is still due on the channel breakout.
SO if we break the 58k level along with 21D MA.
It's highly likely we can see 55k 56k level with a strong bounce in that area.
CONCLUSION: BTC maintains 21DMA we are going to 63k (Scenario 1)
Break below that level means 55k which is scenario 2 will be in play.
Do hit the like button if you like my setups and share your views in the comment section.
#PEACE
If we are able to break the pattern to the upside It's highly likely we can see 63k level soon.
I still stand with my previous BTC chart.
A retest is still due on the channel breakout.
SO if we break the 58k level along with 21D MA.
It's highly likely we can see 55k 56k level with a strong bounce in that area.
CONCLUSION: BTC maintains 21DMA we are going to 63k (Scenario 1)
Break below that level means 55k which is scenario 2 will be in play.
Do hit the like button if you like my setups and share your views in the comment section.
#PEACE
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