BTCUSD ❕ critical level testing
Bitcoin is moving in the liquidity zone, within the descending channel and is near the lower boundary.
Volatility has declined.
Trading volume rises when it tests $20 000.
Price and RSI have formed a bullish divergence on the 30m Timeframe.
I expect that BTC may retest the support level and the lower boundary of the channel, but after fixing in it will start to bounce.
Volatility has declined.
Trading volume rises when it tests $20 000.
Price and RSI have formed a bullish divergence on the 30m Timeframe.
I expect that BTC may retest the support level and the lower boundary of the channel, but after fixing in it will start to bounce.
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