LegionQ8

Bitcoin trades in downward channel and can start to grow

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price formed an upward impulse, from the buyer zone and increased to the resistance level 25250. We see how the price re-tested the resistance level, from which it bounced and begin to decline. Over time, Bitcoin has formed the downward channel and is currently trading inside.The price has dropped and tested the buyer zone, from which it has bounced back and may begin to move upwards. I think that price can continue to rise and will reach the resistance line of the channel. So the targets for Bitcoin were set at level 22875 and at level 23345, which coincide with the resistance line of the channel. Please share this idea with your friends and click Boost 🚀
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