Bitcoin / Tether
Short

BITCOIN - Price can bounce down to $29000, thereby exiting flat

1 049
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

A not long time ago price bounced from $27400 point and fell below support level, which coincided with support area.

After this price entered to rising channel, but later BTC fell lower to $24850 point.

But at once, price bounced and made a strong upward impulse to $31450, breaking two resistance levels and starting trades inside flat.

At the moment price continued trades in flat, close support area and maybe it can decline to this area.

Also, Bitcoin can make a little movement up and then bounce down to $29000 level, thereby exiting from flat and breaking support level.

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