kingslanding03

BTC DAILY UPDATE:1D descending channel

BINANCE:BTCUSDT   Bitcoin / TetherUS
As you can seen ,Bitcoin is in a bearish channel in the daily time frame, according to this analysis ,BTC can touch the 47k resistance , and after hitting the 47k resistance , BTC will start a downward movement that continue until it hits the support of 24 k .after that ,the BTC trend could be ascending.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.