Bitcoin btc
$ usd
Technical Analysis

Exclusive Bitcoin (BTC) Bounces at $31,000 Following Sharp Drop

2 mins
Updated by Kyle Baird

In Brief

  • Bitcoin has broken down from a symmetrical triangle.
  • BTC is facing resistance levels at $33,600 and $35,450.
  • BTC is likely in wave 3 of a bearish impulse.
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For BeInCrypto’s previous bitcoin (BTC) analysis, click here.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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