BITCOIN - Price can continue to move down to support level
2024-10-04

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

Some time ago price entered to falling channel, where it declined to support line, breaking $63900 level.

BTC rose to resistance line and bounced down, breaking $57200 level, but then price started to grow in another channel.

In rising channel, BTC broke $57200 level and later rose to resistance line, which coincided with $63900 level.

Price made a little gap, and even later rose higher than $63900 level, but soon turned around and started to decline.

In a short time, BTC exited from rising channel, broke $63900 level, and continued to move down close resistance line.

I think that price can make small movement up and then continue to decline, between resistance line, to $57200 level.

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