đȘ $BTC
Over the past day, the price of the first cryptocurrency showed positive dynamics đ. It grew a little in comparison with the previous day, but still the growth is observed.
The picture on the timeframe 1 day does not change particularly. The price is still in the same "price channel" đŻ Now we see a bounce from its lower boundary, which continues for the second day.
This bounce may remain only a rebound before the continuation of the decline â ïž. In order for this not to happen, the price should finally come back and consolidate above the level of ~$58,350. Now only the level at the previous low of ~$55,880 has been broken.
In the near term, we need to see what results the bulls will show. If the above mentioned by me happens, we can expect a gradual move from the lower channel boundary to the upper đ