BTC is near the support range
After breaking through the strong resistance above 18131.00, BTC quickly fell back, and the lowest price reached 16273.40.
This price is near the support of 16500.00. It can be seen that the price behavior here is quite similar to that near 18131.00, and it is quickly recovered after the breakthrough. However, there is not much increase at 16500.00, which shows that the support here is not very strong.
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BTC has a double-top pattern after rebounding at 16273.40. The current price is near the support of 16500.00. If there is no large rebound, BTC has a chance to fall below the trend line. You can pay attention to 16273.40 and 15992.64.
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This price is near the support of 16500.00. It can be seen that the price behavior here is quite similar to that near 18131.00, and it is quickly recovered after the breakthrough. However, there is not much increase at 16500.00, which shows that the support here is not very strong.
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BTC has a double-top pattern after rebounding at 16273.40. The current price is near the support of 16500.00. If there is no large rebound, BTC has a chance to fall below the trend line. You can pay attention to 16273.40 and 15992.64.
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