Bitcoin is moving in a sideways channel on the 4-hour frame and is perfectly adhering to the lower limit of $58,000 which acts as support and the upper limit of $61,350 which acts as resistance
We have saturation on the RSI indicator and a downward trend to touch the broken trend
We have a trend to touch the moving average 100
Entry price 61,300 $ First target 59,600 $ Second target 58,000 $
Trade closed: target reached
First target 59,600 $ Reached
Price Reached 58,600 $
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