Bitcoin btc
$ usd
Technical Analysis

Exclusive Bitcoin (BTC) Defends Long-Term Support Level

2 mins
Updated by Kyle Baird

In Brief

  • Bitcoin is trading above long-term support at $32,400.
  • BTC has broken out from a descending parallel channel.
  • Daily indicators are undecided.
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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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