$BTC 💰 Bitcoin

Over the past 24 hours, the price of the first cryptocurrency showed local negative dynamics📉 Let's consider the global changes on the timeframe of 1 day.

Globally, we see movement between the support of ~$58,350 and resistance of ~$71,400. These levels act as key levels in this consolidation 📈 Now we see the beginning of a move from support to resistance.

Here we can designate the pattern "horizontal price channel" 📊, as two extrema at the bottom and top will be accumulated. It is important that this price channel can turn into a "bull flag" pattern when the midline of the channel is broken.

The midline almost coincides with the mirror level of ~$63,300. So far, the attempt to break it has been unsuccessful. A "false breakout" was formed on high volume. Maybe not right now, but the bulls need to break the midline to return to the global uptrend 📈$BTC come and join our crypto community text us inshallah we will help you 03180679630