Big opinion: long #BTC (from Coinsradar.net)
Bitcoin price is exhibiting a descending channel trend on the 1-day time frame. The price moves within the channel with great precision. As significant oversold conditions exist, prices are expected to break out to the upside in the coming period. #内容挖矿
The rebound from the lower boundary of the channel supports the price increase, and the rebound from the green support area of 54500 has a tendency to stabilize above the 100-day moving average. The downward trend existing on the RSI indicator is about to break through and support the price increase.
Entry price is 55,800
The first target is 63,325
The second target is 70,280
The third target is 78,524
The fourth target is 85,350
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