BITCOIN - Price can bounce from support line and start to grow

מאת ‎WalterMoon‎
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

Some days ago price entered to falling channel, where it at once broke $69500 level and continued to fall.

In a short time later, price reached $59000 level and then bounced up to resistance line of channel.

After this, BTC turned around and fell to support line of channel, breaking $59000 level, after which turned around.

Price exited from falling channel and started to grow another one channel, where it soon broke $59000 level again.

Later Bitcoin reached $69500 resistance level, but a not long time ago turned around and started to fall to support line of channel.

Possibly, price can fall to support line and then bounce up to $72000, breaking resistance level.

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Bitcoin (Cryptocurrency)BTCBTCUSDTParallel Channel

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