$BTC đ° Bitcoin
Over the past 24 hours, the price of the first cryptocurrency showed local negative dynamicsđ Let's consider the global changes on the timeframe of 1 day.
Globally, we see movement between the support of ~$58,350 and resistance of ~$71,400. These levels act as key levels in this consolidation đ Now we see the beginning of a move from support to resistance.
Here we can designate the pattern "horizontal price channel" đ, as two extrema at the bottom and top will be accumulated. It is important that this price channel can turn into a "bull flag" pattern when the midline of the channel is broken.
The midline almost coincides with the mirror level of ~$63,300. So far, the attempt to break it has been unsuccessful. A "false breakout" was formed on high volume. Maybe not right now, but the bulls need to break the midline to return to the global uptrend đ$BTC come and join our crypto community text us inshallah we will help you 03180679630