$BTC — there are changes on the chart 🤔
After an unsuccessful attempt to break through $60,000, the buyer was able to return the price above $63,000 and at the moment Bitcoin is trading within $62,600📈
A new structure has formed on the chart in the form of a descending channel, reminiscent of a bullish flag - a pattern of continuation of the upward movement 🔼
Considering that it is located near the upper boundary of a long-term downward channel, this could be a squeeze with the aim of breaking through and changing the downward trend to an upward one.
✅ In summary: to start a downward movement, I will wait for more serious confirmations, at least a breakthrough and consolidation below the psychological mark of $60,000.
#Bitcoin❗ #bitcoin☀️ #10MTradersLeague #USPPIAboveExpectations #USRateCutExpected