BITMEX:XBTUSD.P   Bitcoin
MIDTERM VIEW

As we see in the chart, Bitcoin has broken the top of descending channel after a year, so the priority of next weekly moves is upward!

on smaller time frames we can see the rejection from FIB 0.618 which leads us to falling ideas. Any way Bitcoin is warming up for it's next ascending movement, if Bitcoin can fixes itself, upper from 9975$ level at least for a day, so we can hope for the next blue targets have shown on the chart. If the rejection continues we can see the black targets on the chart.

public channel: @Bitcoin_altcoins_trade
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