We can see that Bitcoin 1.42% still perform bearish after break down bearish confirmation level from our previous analysis and now bitcoin 1.42% still inside bearish channel down.
but we can see that new bullish pattern also perform. This is ascending triangle pattern, if ascending triangle resistance break up at 6450, and bullish confirmation line break up too at 6518, that will confirm our new bullish wave with target at 6746 at ascending triangle projection.
all this bullish pattern will failed if 6240 break down with one full candle. so this line will be our key level for this week.
If this line break down, bearish will continue to hit suport zone at 5793 - 5901
see u at next analysis, bye.
note : to understand more about this analysis, check our video analysis