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!👍