Bitcoin, Since Heavy Pullbacks, These Scenario To Consider!

Hi,

Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives. After the news yesterday came in that Tesla won't accept Bitcoin anymore because of the harmful emissions resulting from mining Bitcoin the price heavily moved to the downside with this volatile bearish price-action, which was expected sooner or later, and now the events exaggerated. At present Bitcoin is likely to move on to test the remaining upper resistance as marked in my chart and after that show up with the actual crucial decisions with either holding this main ascending-trend-line and stabilizing above it or moving below it which will result in a wave-C-extension to the downside. These are the two main scenarios important in the next times and it is necessary to wait for the proper validations before moving into the final right direction.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."

Information provided is only educational and should not be used to take action in the market.