WalterMoon

BITCOIN - Price can break support level inside falling channel

Short
COINBASE:BTCUSDT   Bitcoin / Tether
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š

A not long time ago, price declined from resistance line to support line, breaking $61300 level, which coincided with support area.

But soon, BTC turned around and made upward impulse to $65200 resistance level, making a fake breakout.

Later price in a short time broke resistance level, which coincided with resistance area and rose to resistance line.

Then price turned around and started to decline in falling channel, where BTC broke $65200 level with support line.

At the moment, price continues to decline inside channel and I think Bitcoin can make a little movement up.

After this, BTC can bounce from resistance line and fall to $59850 support line, breaking support level.

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