BTC/USDT (Bullish Channel?)

💎Technical Analysis Summary💎



BINANCE: BTCUSDT

-Today is a good day for Bitcoin as it manages to pass the mid-line trendline
-This is a sign of strength so I'm expecting the price to test the upper trendline resistance
-We have new short-term support below the daily candle around 32k dollars
-If Bitcoin can break above this descending channel that will give us a strong bullish bias
-Expect more sideways trading in the next few days inside this channel
-Hopefully strong Altcoins will continue to rise during this market condition




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