BTCUSDT , Binance, daily chart time frame
I'm watching at this expanding channel pattern thinking that Bitcoin can retest the 50000$ and than possibly going down to 40700 $ to get liquidity from that area.
From there few different scenarios can happen: going further down to test the daily 200 MA at 32587$ or bouncing up breaking the resistance and going up to 50000$ again .
Let's see what happens .
Let me know in the comment what you think .
From there few different scenarios can happen: going further down to test the daily 200 MA at 32587$ or bouncing up breaking the resistance and going up to 50000$ again .
Let's see what happens .
Let me know in the comment what you think .
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