CobraVanguard

BTC has touched a great resistance what can happen from here?

COINBASE:BTCUSD   Bitcoin
Hi every one
Bitcoin / U.S. Dollar

BTC has managed to touch the resistance that we talked about in the last analysis. But It couldn't break the resistance level between 42k and 40k so this means If BTC manages to break this resistance the way to 50K is pretty much a piece of cake! But If BTC fails to do that we should see It range in a New channel.

summery:
-BTC has touched 40k
-BTC couldn't manage to break the resistance level (42k to 40k)
-If resistance breaks the road to 50k is easily achieved

Previous Analysis:

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