Bitcoin technical analysis. BTC-USDT on December 04, 2018

December 4, 2018

The market is attempting to return higher and exit the downward channel. The current impulse may be the first step to build movement to the important resistance of 4250. If the price remains in the channel, then the chances of touching 3650 are still relevant, but in general this impulse makes the market more positive and now we see more chances for upward movement, even in the case of drops to support 3650.

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