LIVE$BTC in the format of correction reaches the key support level of 25400, which was formed on the high timeframe and plays an important enough role
The coin on the high timeframe makes a FB of the key support and is in the testing phase of the 200SMA. A FB and the consolidation of the price above this line will form a strong potential that can lead to a strong rally. After the strong rally we saw in spring, a prolonged correction in the cryptocurrency market is quite normal reaction. The bulls are keeping the price above key support levels for now
I expect that the price can pull back down from the level of 26700, but the next retest of the wedge resistance can break this boundary and the market can form an active growth towards the key resistance and liquidity zones.
