BITCOIN - Price can make retest and then continue to move up

2月9日

Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

Some days ago price bounced from $41700 level and tried to rise, but failed and in a short time declined to support line of wedge.

Then BTC at once made strong upward impulse to resistance line, and soon fell to $41700 level, making fake breakout of $47200 level.

Price broke $41700 level again and continued to decline to support line, and later started to grow in rising channel.

Also, BTC exited of wedge, broke $41700 level, and continued to move up in channel to $47200 level.

Recently price exited from channel, reached $41700 level, broke it and now BTC trades in resistance area.

Possibly, Bitcoin can make retest of support level, after breakout and then continue to grow to $49500

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