Bitcoin(BTC) Outlook for the upcoming weekBitcoin / US DollarCOINBASE:BTCUSDCrazyTrades247Structurally BTC is moving in an ascending channel making HH & HL, after facing rejection form bearish trendline price has declined and Currently consolidating at a strong support zone of ~63600, if this zone holds then price might again returned back to its channel and continue it's up-move, since the trend on higher timeframes are still bearish, if the level of 63640 is taken out, we can see deep correction & price could retest the level of 61750. we should be waiting for clean breakouts before entering into any directional trades. Immediate Support and Resistance are: R1: 64400 R2: 65760 R3: 67000 S1: 63640 S2: 62600 S3: 61750 For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures. Regards CrazyTrades247.