Simple BTC Price prediction Short Term

6 thg 9

Btc has been in a downtrend, which moved into a parallel channel recently, Today it broke downwards out of that channel again, and continued along the downtrend trajectory.

However it has hit a point of consolidation, and now looks to be bouncing back up.

I predict we will come back up around 55k to retest the previous area of support, to confirm as resistance, therefore a quick scalp is on the table to the upside...

Always DYOR