Bitcoin (BTC) Update $BTC fluctuated today and just tested the lower trendline of its falling channel. Downside: $62,300 is currently a solid support. If BTC falls below this level, the next support is around $61,300. This is an important support zone; if it breaks, BTC could move toward the $57,800 zone. Upside: BTC needs to break above the falling channel and cross $65,000 to establish a new high. Otherwise, BTC may remain inside the falling channel and continue forming lower lows. Not Financial Advice.
ShaninShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.