BTC update!
BTC formed a box (18131~20250), so it was in a consolidation. The current price is around 19000, which is also a key price level (the POC of the front consolidation pattern and the fibonacci support of 0.382).
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In the picture, it can be seen that the price is slightly lower than 19028.10, and there are three small rebounds, which means that this range has a supporting role. If BTC has a chance to break above the trend line and the 20000 resistance range, you can focus on the target price of 20479.43.
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If BTC falls back and tests 18131 again, there is a high probability of falling below and reaching the key support price of 17580.
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In the picture, it can be seen that the price is slightly lower than 19028.10, and there are three small rebounds, which means that this range has a supporting role. If BTC has a chance to break above the trend line and the 20000 resistance range, you can focus on the target price of 20479.43.
-
If BTC falls back and tests 18131 again, there is a high probability of falling below and reaching the key support price of 17580.
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