Surprising BTC Structure Shows We Could Move To $9,500

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Today I want to look at a surprising bitcoin price structure that could show we're about to go up to $9,500 in the next few weeks and that the bottom price is around $6,500 and why you shouldn't worry about the BTC price.

You can see we've been in this descending channel for 5 months now and the structure has held well. If this structure were to hold we could see a bounce up to $9,500. So we should be going long on the support line and short on the resistance line unless one of these lines is broken.