Bitcoin / TetherUS
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Moving towards $ 8600 or $ 9550 ?!

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Hello friends
This is my view on Bitcoin's short-term trend
In the one-hour time frame, we see the formation of a triangle. A few days after the fall, we now have two scenarios.

Scenario 1: If the triangle is broken from below, we will probably be priced at $ 8600, and it is noteworthy that the downward channel will also be broken.

Scenario 2: If the triangle is broken upwards, we will go to the top of the downward channel of $ 9550.

The important point is that if the first scenario and the failure of the triangle occur from below, we are out of the downward channel and can have a more severe decline, which could be as high as $ 8300, which is ma200 in the daily time frame.

Please trade and sell at your discretion
.. Navid ..

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