Bitcoin | Channel Breakout Expected in Mid January ..!!

BTC/USD (Update)


Let's take a look in 3d (3 Day) Chart.

First of All, Bitcoin is Forming Descending Channel since 24th June Top (13880)

Second, We're Facing EMA10 (Resistance) in 3D Chart since 9th November..(2 Days ago, EMA10 Rejected Again)

Now According to VPVR, 7k Region Became a Strong Support & 7.8k is the Strong Resistance.

( Once we broke 7.8k Resistance then Descending Channel Breakout May Happened in Mid January 2020)

In Bearish Scenario, If 6.4k Support Broken then we Might Test Another Lower Low level (5800-6200)


In My Point of View, Bitcoin Has Already Bottomed out & Once We Broke 7.8k Resistance, Channel Breakout Expected in Mid January..So Accumulate Bitcoin As Much as You Can & Hold it Tight For Your Future..!!



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