#BTC/USDT

Updated
#BTC

Bitcoin price is moving in a descending channel on the 4-hour frame and is largely adhering to its borders.

The price has touched the lower limit of the channel, which is considered a support area in green at $53,000.

The price is now 54,600, which is the entry point.
The price is expected to reach the upper limit of the channel at $56,730.
Trade closed: target reached
The price is now 54,600 Reached
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