BITCOIN - Price can break support level and decline to $64000
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it broke $66500 level and fell to support line of channel.
BTC rose to resistance line, but at once made downward impulse, thereby exiting from channel and breaking $60200 level.
After this, price started to grow inside wedge, where it soon broke $60200 level again and rose to resistance line.
Then BTC made correction to support level, after which bounced and in a short time rose to $66500 level.
A not long time ago price broke this level and now it continues to trades near inside resistance area.
In my mind, Bitcoin can bounce down from resistance line to $64000, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to falling channel, where it broke $66500 level and fell to support line of channel.
BTC rose to resistance line, but at once made downward impulse, thereby exiting from channel and breaking $60200 level.
After this, price started to grow inside wedge, where it soon broke $60200 level again and rose to resistance line.
Then BTC made correction to support level, after which bounced and in a short time rose to $66500 level.
A not long time ago price broke this level and now it continues to trades near inside resistance area.
In my mind, Bitcoin can bounce down from resistance line to $64000, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️