Bitcoin can rebound up from support line of channel to 70500

Jul 24Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price reached the support area, which coincided with the current support level, and then turned around and dropped to the 56700 support level. Later, BTC broke this level and even fell lower than the buyer zone, but soon turned around and started to grow inside the upward channel, where it reached the 56700 level and broke it again. Next, the price continued to grow to the resistance line of the upward channel and then the price exited from this channel. But BTC continued to move up inside another one upward channel, where it soon reached 63200 current support level and broke it too. After this movement, the price rose until the channel's resistance line, but not long ago it turned around and made a correction movement to the support line. At the moment, BTC continues to grow near this line and I think that the price can rebound from the support line to the resistance line of the upward channel. For this case, I set my TP at 70500 points, which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀

Jul 25

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BTC exited from the channel and even almost reached the support level, so, in my mind, Bitcoin can fall to this level and then rebound up to 68000 points:

Jul 26

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Good! Price almost reached my TP as I showed in yesterday's update. So, I think it can make small correction and continue to grow in channel, and soon reach my TP