Analysis et prediction, May 21.
The bitcoin came out of the bearish channel highlighted in the last post. I had advised you to strengthen a little on 7900 and we bounced exactly on this point, then go above 8500.
We have again incorporated a bearish channel. We will have a good chance of breaking it at the top. Nevertheless, the best strategy will probably be to try to buy (or reinforce) on the lower and inner part of the channel (it will be difficult to break it down)
This is a personal interpretation. This is not an investment advice. Take care and good trades.
Credit : Valuematik