Hello, traders welcome you all to this BTC quick chart update.
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Let’s look into the chart,
As we can see in the above-mentioned chart that BTC broke above the triangle pattern and dropped again at the lower green support level.
In the current scenario, BTC bounces from the green support zone again and currently trading above the red MA support. The upside moment is likely towards $23700 is likely in the upcoming hours.
$23700 is the level to watch which BTC needs to break above to rally its upper price levels.
Rejection will lead BTC again to drop at the lower green support level.
Let’s see how BTC moves in the upcoming hours.
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