BTCUSD has broken out of the bullish channel on the 4-hour chart, the uptrend is limited below the resistance near $60,500. It is expected that after re-checking the Breakout zone, BTCUSD will continue to decrease in price as the long-term trend of this coin is taking place.
It is necessary to consider and continue to prioritize trading according to the trend with a profit target of $55,500.
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