BTC bounce after blood bath?
BTC took the support of the channel, If the price follows basic price action, It will likely take resistance at R1, R2, and R3. Expecting slow movement rather than the last rally.
Note
If the price breaks through 22700, more rally is expected. BTC might consolidate/Accumulate to attract more buyers for the continuation of the bull rally.
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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.