BTC UPDATE WITH EASY WORDS:

1) Ascending Channel:

Indicating that the price is currently moving within this ascending range

2) Resistance Level:

USDT.D Demand The red line at 78.6k Marks a resistance level, meaning it's a point where selling pressure could occur

3) Support level:

2024 ATH March The blue line at 73.7k Marks a support level, meaning Buyers Might show interest if this price Drops to this level.

BOTH Sides Liquidation unpredictable!👍

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