HelenP. I BTC trades in channel and may continue to grow

Hi folks today I'm prepared for you BITCOIN analytics. At the beginning of the month, the price formed a resistance zone 29580-29830, from which started a local downward trend. After reaching the level of 28300, Bitcoin rebounded, made an upward correction, then continued to fall and break through it. For some time, the price traded below resistance and continued to decline after a re-test. The price dropped to the level of 25815, tested it and began to rise. Over a long period, an upward channel was formed, in which Bitcoin is still traded. After re-testing the resistance of the channel, the price start to decline and, after a slight upward correction, fell to support. Not so long ago, the price re-tested the support of the channel and continued to grow. Bitcoin is currently trading above support of the channel and may continue to move up. It seems to me that the price may rise to the resistance of the channel. Therefore, goals for Bitcoin will be set at 27500 and at 28100, which corresponds to resistance of channel. If you like my analytics you may support me with your like/comment ❤️
Bitcoin (Cryptocurrency)BTCUSDTChart PatternsTrend Analysis

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