Bitcoin Local Bottom

Bitcoin - while holding its range - is currently crossing a minor trendline and heading to top of downtrend channel.
There might be a lot of volatility in the range, and wick might drop as low as 52,8k. Dropping below this support is bearish signal.
I assume a fight at 60k - shorters area.
As long as bitcoin holds this range there might be a time for altcoins to make some show.

RSI bullish divergence spotted.

wgmi

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This is not a financial advice.
Always do your own research.
Bitcoin (Cryptocurrency)BTCUSDChart PatternsTrend Analysis

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