📊 #Сформированный on the daily chart of Bitcoin "Death Cross" may have a short-term effect, as it did in September 2023. Then the quotes moved sideways for several weeks, and then returned to the DMA 200.
To return to the 200 DMA, Bitcoin needs to consolidate above $62,400. In this case, there will be an opportunity to test the resistance of the trend channel in the region of $70,000, traders noted.
