CryptoCheck-

BTCUSD -$46K Zone Likely Next

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone

An update on Bitcoin, the charts are looking good and so is the technical in the higher timeframe, which has proven to be the most reliable for the strategy I use. (scalping ideas from as low as 10min can be found on our channel).

So far, the higher-lows channel as been proof of buying volume accumulating under the next major resistance of the 2.618 Fibonacci retracement. I think with weekend volatility, we see $46K range sooner than later.

Have a great weekend!

Best Regards
Ev

Penafian

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