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BITCOIN - Price can make little correction and continue to rise
Bitcoin / Tether
Long
BITCOIN - Price can make little correction and continue to rise
By WalterMoon
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Oct 14, 2023
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Oct 14, 2023
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
After price bounced of $25800 support level, which coincided with the support area inside flat it grew a little.
Then price fell back, after which BTC made strong upward impulse to resistance area, but at once back, making fake breakout.
Later, Bitcoin exited from flat and fell lower than $25800 level to $25000 points, but then price entered to rising channel.
In channel price rose until resistance area, breaking $27700 level, but wasn't fixed and soon fell to support line of channel.
Also recently, BTC exited from rising channel and declined lower, but it soon bounced and rose.
Possibly price can make a little correction and then BTC continue to rise to $27700 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin (Cryptocurrency)
BTCUSDT
btcust
Support and Resistance
Trend Analysis
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