BTC/USD
Yesterday the price of Bitcoin has fallen to $9040 and even spiked a bit further to the downside below the $9k mark making a lower low compared to Friday’s one and has attempted to break out the ascending channels support level but spiked back up inside its territory reaching $9573 at its highest point today.

Looking at the hourly chart we can see that the price spiked back to the minor descending level and found resistance there which is the upper level of the made symmetrical triangle from the 8th of May. This is why we are currently seeing a cluster being formed with a clear indication of what the upward pressure is to assume, especially considering that another lower degree ascending channels is being formed.
Continue reading... https://www.fxopen.blog/btc-usd-and-xrp-usd-fake-out/