Bitcoin is ready for a reversal

Bitcoin consolidation is almost finished

 

Bitcoin consolidated between 17800 and 25000 and recently has been stuck at the long-term falling trend line. A break above 20500 would lead to a start of the upside reversal and a test of the key 25000 resistance. Now only a clear confirmed break below 17800 could lead to an invalidation of the upside reversal.

Note: look for the long trades upon a break above 25000

 

 

Bitcoin upside reversal

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