1. BTC losing support at $29,100 2. Trading volume is reduced as the price falls. The bears do not have enough strength, as long as BTC is above USD 28,100 3. Bullish guideline for 2023, close to reaching a price of USD 28,100 4. BTC could visit the next support at $28,100 1D graph
The Bitcoin (BTC) price has rallied by almost 7% in the past week, confirming the main uptrend that began in January 2023. The cryptocurrency hit a low of USD 24,770 six days ago, but was unable to break below. from the USD 24,900 support. Over the past few days, BTC has been rallying, rising 6.87% since June 15. This upward movement of bitcoin gives more...
1. The BTC price is losing a bullish channel, the high of which coincided with the third impulse wave, since it started the upward trend from January. 2. This bullish channel coincides with the upper parallel of a trident. The price is breaking the bottom of the channel, which coincides with 0.328 on the upper side of the trident (in purple). 3. BTC is testing...