According to the chart, Bitcoin will hit the level of $32500 over the next hours. that level is a strong support. breaking out the level means that uptrend channel which is defined in blue is broken. As a result, one can see the further reduction of the price to $20000.
I would be glad to have your comments
I would be glad to have your comments
Trade active
#BTC reached an important level. this resistance zone is hard to break. I expect that the price reduces to middle of the box where is the middle of the range movement
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.