Bitcoin (BTC) Testing A Major Trend line Support

 


Hi friends hope you are well and welcome to the new update on bitcoin. Recently, on a 4-hr time frame, Bitcoin broke down a down channel but there was a bullish divergence, therefore, it was a fake out, and priceline recovered back and re-entered the channel. Now BTC is testing an uptrend line support, which is in fact support of ascending triangle. Now BTC needs to break this triangle out as soon as possible. For a detailed analysis you can also watch the video.

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