On the date of the date Bitcoin has encountered 2 lines of resistance that converge on the same point, at this precise moment has 2 options:
1) bounces on the red line, and falls to seek liquidity and recover strength as a bullish an inverted shoulder head shoulder, to look for higher heights
2) Continue chasing the yellow resistance surpassing the red one, and then do a Throwback on the Red line to start the upward path
There is a 3 option that at the moment is somewhat remote and is that I managed to overcome these resistances in any way and directly go to find a new minimum, which I think would be the last
For now we are.
Remember to visit my blog here on publish0t, you will see my previous trading ideas which have been correct for now.