kamalzakhoy

BITCOIN-DAILLY--The price has formed a triangle! 7-7-21.

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BITSTAMP:BTCUSD   Bitcoin
The BITCOIN as shown on the chart is still moving under the dynamic resistance area, and it has formed a triangle now. We expect the price will go up a little bit to retest the upper side of the triangle around 35661, and if breakout happens the target will be at 40,904, but only if the price make it above the dynamic resistance area. If breakout fails on the other hand, there is a risk to fall down again to retest the crucial support at 30,000.

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