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Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsð
Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up.
Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level.
After this, it turned around and entered to wedge, where price soon broke $71300 level again and also left channel.
Then BTC declined to $65800 level, after which it bounced and rose to resistance line, but soon bounced down.
In a short time price broke $65800 level and fell to support line of wedge, and recently it bounced up.
Possibly, Bitcoin can reach resistance area and then it will decline back to $60000 support line.
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