BTCUSDT (Day Chart) technical analysis update
BTC price is breaking the channel resistance on the daily chart after 220 days of formation. The price is trading above both the 100 and 200 EMA, indicating a potential bullish move in the coming days. My next target is 100K. This is a perfect positional trade with a risk-reward ratio of 1:5."
Buy level: Below $66,000
Support: $58,500
Regards
Hexa