WalterMoon

BITCOIN - Price can bounce down from resistance area to $55500

Short
COINBASE:BTCUSDT   Bitcoin / Tether
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

A few moments ago price started to trades in flat, where it broke $70300 resistance level and fell to bottom part of flat.

Then price turned around and rose to resistance line of wedge, exiting from flat, and soon BTC broke $70300 level again.

After this, price in a short time declined to support line of wedge, which coincided with $60500 level.

But BTC at once bounced up to resistance line of wedge, after which it made downward impulse to support line of wege.

Price broke $60500 level, but not long ago, BTC rose to this level and now trades very close.

Possibly, Bitcoin can rise a little higher than resistance level and then bounce down to $55500 support line of wedge.

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