Bitcoin will rise to $8500 ?

in #bitcoin5 years ago

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  • On a Bitcoin / Tether 4 hour frame, bitcoin stuck at the top of the ascending channel ( yellow colour )
  • It tested 5 times to cross but failed so far.
  • I see obvious triangle channel at the moment which may end in 3 days.
  • If trend follows the formation we may open short position
  • Otherwise, any breakout from yellow channel will give us $8000

What do you think ?

This is not a financial advise, please trade with your own knowledge.