MonoCoinSignal

Bitcoin again reacted negatively to the $23,371 resistance zone

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin again reacted negatively to the resistance of the $23,371 range yesterday, and the price of Bitcoin entered a correction. In the 4-hour time frame, the bitcoin range trend is quite clear, and we can consider the floor of this range channel in the support range of $22,238. But the point is that Bitcoin is still in an ascending channel, and we can expect another upward move to the indicated higher resistances. In general, if the daily candle closes like this today, and we see positive signs on the chart in the next day, there is a possibility that another upward movement will start again with the break of the $23,371 resistance. Otherwise, the important support of $21,041 will be waiting for it.

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