#Bitcoin Continue chasing the descending trend line.Bitcoin once again making the move to retest the descending channel. At the time of writing this $BTC is trading at $87,700 direction is upward. Bitcoin should make a day close above this descending trend line $89,000. Bitcoin is looking strong to break above this trend this time.however if the rejections occurs it may decline towards $84,000.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Bitcoin Continue chasing the descending trend line.Bitcoin once again making the move to retest the descending channel. At the time of writing this $BTC is trading at $87,700 direction is upward. Bitcoin should make a day close above this descending trend line $89,000. Bitcoin is looking strong to break above this trend this time.however if the rejections occurs it may decline towards $84,000.