BTCUSD once again repeating past breakout and start to fall ?

1 Apr 2021

History always repeats itself :

We are looking for same scenario that happened pervious time and bitcoin had huge correction now any moment we are looking for breakout to the downside and reaching our targets that shown
Targets :
A. 57000
B. 54500

one important thing after breakout on ascending channel is correction and falling that is needed and this analysis purpose all shown in black rectangle

Notice :Bitcoin is strongly bullish right now and after reaching previous analysis targets broke falling trendline and descending channel :

so for sure even bullish scenario is expected as shown with green arrow but for now we are on important resistance zone .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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1 Apr 2021

Nota

why 66K if market continue pumping ?

1 Apr 2021

Nota

breakout in channel seen ?

let me know your opinion in comments