Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update.
It was falling inside the descending channel. Nevertheless, the market has finally broken the higher boundary of the channel and is currently testing the 63K – 65K zone.
If the level is broken, a rise towards previous highs around 74K and beyond would be imminent. Meanwhile, if the price drops back inside the channel, things could worsen as it would signal a false breakout and a fall back to the 60K level in the short term.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update.
It was falling inside the descending channel. Nevertheless, the market has finally broken the higher boundary of the channel and is currently testing the 63K – 65K zone.
If the level is broken, a rise towards previous highs around 74K and beyond would be imminent. Meanwhile, if the price drops back inside the channel, things could worsen as it would signal a false breakout and a fall back to the 60K level in the short term.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
