Bitcoin tests two resistance lines. Possible price increase to $ 4000 +. Subsequent price movement in a triangular pattern.
cryptocurrency·@upvoteinvest·
0.000 HBDBitcoin tests two resistance lines. Possible price increase to $ 4000 +. Subsequent price movement in a triangular pattern.
https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmeYwp2kQD7MeGaCkes44tfzpPSQHuqKeGVfRCrvLDnXyG/image.png Hi, Steemians… In the BTC / USD trading pair, turnover began to grow, let's see what the exchange schedule promises us. <img src="https://i.paste.pics/f8f85dbc0c95ea50cbd93c0244a0bd83.png" width="1142" height="609" alt="Screenshot"> The timeframe is 12 hours. The price of Bitcoin continues to test the resistance lines **3** and **4**. Apparently, the price breaks through these lines and then the asset can rise to the level of $ 4000 +. The resistance line **2** will not allow the price to rise higher. Thus, the price of bitcoin will continue to be in the price corridor of the narrowing triangle **ab** <img src="https://i.paste.pics/1f1fae297455860162e32a3a00e832ae.png" width="1149" height="609" alt="Screenshot"> This growth is likely to spur the growth of altcoins. That is, stock turnover will increase and more opportunities for earnings will appear. But it should be noted that such a triangular pattern most often ends in a fall in price. ***Thank you for reading and support!*** ***Good luck!*** ***The @upvoteinvest team*** ***A formal disclaimer Some of the posts might contain our opinion on trading strategies based on our technical and fundamental knowledge. However, please, invest at your own risk. We can’t be held responsible for any losses.***
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