Maximilian_FX

BTCUSDT: Waiting for a possible reversal

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BITSTAMP:BTCUSD   Bitcoin
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In general, BTCUSDT has experienced a significant price increase, surpassing the $53,250 mark. It is currently trading at a new high of $63,750, marking a 0.96% increase for the day.

However, it can be observed that the price has reached the upper limit of the upward channel, so there is a possibility that the price will touch the channel's upper boundary and retest the 34 and 89 EMA levels, which are also the price levels that were previously broken through.
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