Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.

Bitcoin now trades inside descending channel .
But in my experience in downtrend on descending channel we can see upward impulse.
I think price can back to support zone 37.000-37.500 and from this area show upward movement.
I’m expect decreasing because bitcoin price cant broke resistance level 40500-40600.
And in my opinion another one new local low is possible
After this first target will be a top part of descending channel (resistance line)
And then I will update this idea.

I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.