$BTC Detailed Analysis
What next for Btc up/ down
There is no point in repeating about the trend and global levels every day đ
Therefore, I will highlight the important zone in which we are at the moment, MA200 on the daily TF is the resistance level at $63957, there have already been two tests for a breakout at this level, but without success, we did not even see a false breakout movement, but we do not forget about the weakening of the level by retests, so it is becoming easier and easier to break through this level.
Let's go back to the important zone at $64,500-65,000, why is it important? That's where the limit orders for selling of fairly large market players are located, for example, it was from this zone on August 23-25 ââthat we saw the beginning of the Bitcoin correction to the level of the support zone of the global channel divergence to the level of $53 to $.
Now it is important to see the breakthrough of MA200 and what the reaction will be in this zone of the seller at the mark of 64500-65000 $, if this zone can be broken through and consolidated above it, then this will be great for the subsequent breakthrough of the market, possibly with an exit from the descending global trend channel, friends, then we can talk about a new ATH
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