BTCUSD idea for the medium term is as follows: There is a strong level on the chart, from which a strong rollback to 47500 followed. This is the level of 34000. The ascending price channel was broken down earlier.
Bitcoin is stuck in a strong sideways range between 64929 and 30247, is trading from resistance to support and is now in the lower half of that range. Since the price is heading towards support, I think that the 34000 zone is strong enough and it will not be possible to break through it the first time.
I think that Bitcoin, after testing the level of 34000, will form a false breakout and allow the price to roll back to the upper limit of the range. Sincerely, R. Linda!
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