BITCOIN - Price can bounce from resistance line and start fall
2024-11-08

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

Some time ago price entered to rising channel, where it at once bounced from $63600 level and started to trades below.

Price some time traded below and even declined almost to support line of channel, after which bounced and started to grow.

Soon, price broke $63600 level and later reached resistance line of channel, but then turned around and made correction.

After correction, BTC turned around and in a short time rose to $73600 level, but at once made correction to support line.

But then price made impulse up, thereby breaking $73600 level and now it trades near resistance line of channel.

BTC can bounce from resistance line and start decline to $72600 which is located support area.

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