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BITCOIN ON BREAKOUT AND PULLBACK BEFORE THE RALLY

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
TraderChamp-Pro Actualizado   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Wave Analysis BTC Bitcoin (Cryptocurrency) BTCUSD crypto traderchamp profitlio profitliotrading
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Bitcoin has confirmed a breakout recently on the trend line picked up. We have seen a reversal back towards the 27K has taken to accumulate more buying pressure. We expect the price to ladder up steadily above the levels and also looking towards a target close to the major resistance formed on the top.
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snapshot

Possible reversal on the resistance after achieving the major target.
Comentarios:
Bitcoin also respects the upper boundary formed on the growing channel spotted. We see the 5 Elliot wave completed inside the channel formed which looking for a bearish correction to the downside.

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