BTC is still in the downward channel. Heavy capital is tied up at $21693, which then develops into the center of the downward channel.
The box range: $22733.13-$18789.23, centering $20401.13
$22733.1 is the higher edge of the box and a small turning point of the movement. Before that, $21693.68 is the short-term key resistance, which acted precisely as a resistance yesterday. Flipping of the $21693.68 into support will encourage bulls.
The key support of the month diverts to $18196.56.
The box range: $22733.13-$18789.23, centering $20401.13
$22733.1 is the higher edge of the box and a small turning point of the movement. Before that, $21693.68 is the short-term key resistance, which acted precisely as a resistance yesterday. Flipping of the $21693.68 into support will encourage bulls.
The key support of the month diverts to $18196.56.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.