WalterMoon

BITCOIN - Price can break support level and decline to $64000

Short
COINBASE:BTCUSDT   Bitcoin / Tether
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

Recently price entered to falling channel, where it broke $66500 level and fell to support line of channel.

BTC rose to resistance line, but at once made downward impulse, thereby exiting from channel and breaking $60200 level.

After this, price started to grow inside wedge, where it soon broke $60200 level again and rose to resistance line.

Then BTC made correction to support level, after which bounced and in a short time rose to $66500 level.

A not long time ago price broke this level and now it continues to trades near inside resistance area.

In my mind, Bitcoin can bounce down from resistance line to $64000, breaking support level.

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