BTC failed to break through the $23,371 resistance

Bitcoin had been in quite a bearish trend the previous day, and as it failed to break through the $23,371 resistance, it entered a further correction, hitting the midline support of the short-term ascending channel. To continue the price growth, the resistance of $23,371 must be broken. Otherwise, further reduction is expected. The lower supports of Bitcoin are in the ranges of one of the important supports of Bitcoin in the range of $21,041 to $20,407. In case of a deeper correction, there is a possibility of encountering and reacting positively to this range.