Strong Support and Potential Upside Breakout Ahead

1 сент. 2023 г.

BTC has rebounded from the weekly resistance at a price of 28,120, as we previously discussed. It is currently near a diagonal support level that it has already touched three times, indicating strong support. It is currently within a channel, and we can anticipate an upward move towards the upper resistance level that the price has already touched multiple times. If it manages to break lower, we can expect a price around 21,200.