The technical analysis sometimes shows several patterns which may drive the trader to think in several scenarios. On this case, we see there is a potential descending channel that, if respected, might be very bearish to the Bitcoin. If we trust the horizontal (yellow) channel it is moderately bullish, at least mid-term. We can conclude, also that there had been a double bottom at the rejection of the 9850 level and the Bitcoin could move finally above $14,000.
Please Vote below, what is your most likely scenario:
