BTCUSDT: likely to retest after hitting channel top!!

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Let's analyze BTCUSDT :
Bitcoin (BTCUSDT) is currently trading within an ascending channel. After recently touching the channel's upper line, it has pulled back to the immediate support zone. A crucial support area lies within the blue box, where a potential bounce could occur.

Currently, Bitcoin is testing the $103,000 support level. If this level breaks, the next significant support zone is at $98,400, which also coincides with the lower channel line. A strong bounce is likely from this level.

Key Support Levels:
$103,000
$98,500
$91,100

Key Resistance Level:
$108,400

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İşlem aktif
As anticipated BTC broke and retested from the lower line of the channel.
anlık görüntü
Harmonic PatternsTechnical IndicatorsTrend Analysis

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