#BTC/USD Quick Update 4H-Frame S & R Chart Update #Bitc | CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|
#BTC/USD Quick Update 4H-Frame S & R Chart Update
#Bitcoin is trading throws a channel between 15500$~18000$ trading range. We saw a nice bounce from the lower level of this channel and now reaching a local resistance, A trend line, and a static resistance at 17000$. Breaking this level will throw us up to the top of the trading range, and rejection may start another sudden dump for it. Never forget that we're in a strong downtrend in all time-frames.
