#BTC/USDT ANALYSIS


#Bitcoin has broken down from the ascending channel with significant volume and is now rebounding from the 50MA, which is acting as support. A retest of the channel breakdown level is likely from here. If the price reclaims that level, another downward #move may follow. However, a successful recovery above the breakdown zone could open the door for another #bullish rally. #cryptocurrency
$BTC
BTC1.57%
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