BITCOIN - Price can bounce from support area to $73800 points
2024-11-01

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

Some days ago price rose inside rising channel, where it broke $61100 level and then reached resistance line of channel.

Then price continued to grow near this line, after it reached $66350 points, price turned around and started to decline.

In a short time, BTC exited from channel, fell to support area, and started trades inside wedge.

In wedge, price fell to support line, after which made upward impulse to $69000 level, made correction, and continued to grow.

Soon, price broke $69000 level and reached resistance line of wedge, but recently fell to one more support area.

Possibly, BTC can bounce up from support area to $73800 resistance line of wedge.

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