Bitcoin rebound or bull trap?

BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)

Updated

BINANCE:BTCUSD.P BTC Perpetual Futures Contract

BTC bounced with a strong buy volume at the big buy support region. With bad news like China crackdown, will this continue downtrend? Time will tell.

Comment:

BTC is still holding above 32k which is good for crypto market. But it hit the bottom of the uptrend channel, it gotta break above and get back in the channel. If not, it could continue sideways for weeks.

Johanco

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