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#BTCUSDT – Bullish Trend 📈
The price of #البيتكوين is moving sideways within a wide channel – the longer the consolidation, the wider the support and resistance ranges.
We just saw a rebound at the resistance level, as expected. The price is now heading toward the support level, with a possible final dip to 86-87K dollars before a rebound 🔄
If a reversal pattern appears, look for buying opportunities.
If the support level is broken, be prepared for further decline toward 75K dollars ⚠️
The death cross of the MACD indicator appears in a bearish area while the Relative Strength Index (RSI) is below 50.
#WhoIsNextFedChair
#Bitcoin #BTC
$BTC