Cabana Capitals Blog Technical Analysis Either a rebound or a breakout imminent on BTCUSD

Either a rebound or a breakout imminent on BTCUSD

Either a rebound or a breakout imminent on BTCUSD post thumbnail image

BTCUSD is heading towards 69678.7266 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Target: 69678.7266 Entry: 68701.29 Stop: 67883.6122

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