BTC currently runs in the blue range of the short-term downward channel, oscillating the middle line while trying to break up on the key target point.
Breaking up $19633.77-$19819.68 and holding above it for 24 hours is crucial to stabilize the movement.
Now the price is above the middle line, with some room for a rebound. But data changes quickly these days, and breaking down the intraday support will reverse the movement once again. Keeping risks under control.
The key support at $17532.64 is the support preventing a second slide. Much fund inflow buys at around $18000.
Breaking up $19633.77-$19819.68 and holding above it for 24 hours is crucial to stabilize the movement.
Now the price is above the middle line, with some room for a rebound. But data changes quickly these days, and breaking down the intraday support will reverse the movement once again. Keeping risks under control.
The key support at $17532.64 is the support preventing a second slide. Much fund inflow buys at around $18000.
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