Bitcoin Analysis

As the chart describes the pattern started on touching the first ATH at 41.800.

After this moment Bitcoin begin to drop into the lower channels.

After breaking the resistance at 32500 this morning, Bitcoin prices quickly gained momentum, due to conforming the 32,5 as support.

Next question is wether Bitcoin will knock out the upper resistance trend line at 35k or will btc go back to 32 k ? Let me know in the comments.

- SR7-Tradings