$BTC former support is now the resistance

#bitcoin #btc price seeks to reclaim the channel and now reached the resistance zone. Declination from the red box or channel bottom resistance will likely lead #btcusd to meet new lows. Reclaiming the ascending channel will be temporary bullish. Not financial advice.
Bitcoin (Cryptocurrency)BTCBTCUSDbtcusdanalysisChart PatternsTechnical IndicatorsTrend Analysis

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