Breaking Out This Channel Can Give Kick Start To Bitcoin (BTC) To Start Recovery Rally

In 1-hour time frame, Bitcoin has reached the resistance of the down channel. If BTC breaks out this channel then it can also break out the next resistance of $23k. But still, there will be another resistance of the big falling wedge's support, that is formed on a weekly time frame, and now this support of the wedge can work as resistance for Bitcoin. But if BTC gets rejected by the resistance of the channel, then it can drop to next support at $19500. You can watch more details in the video.

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