#BTCUSDT UPDATE Bitcoin is currently trading within a rectangular channel. The price is currently rebounding from the horizontal demand zone of the channel. We will need to wait for a successful breakout or breakdown. Stay tuned for more updates
Bitcoin has been rangebound, hovering around $43k-level which seems to be building as a support. Investor sentiment continues to be bullish, as Crypto Fear & Greed Index maintained a score of 60/100 over the weekend, said Parth Chaturvedi, Investments Lead at CoinSwitch Ventures