Based on BTC daily timeframe chart, BTC is following its downtrend channel and now it is holding strong at its $43k support. If BTC hold its support at this level, we could see a reversal back to $48k and to test the resistance and try to break it.
RSI indicates that it is currently a little oversold so a reversal will likely to happen.
RSI indicates that it is currently a little oversold so a reversal will likely to happen.
