BTC/USD analysis 10/06/2021

Bitcoin held on and rebounded from the support area of $40,000 (50% Fib), broke through the upper line of the rising channel and is currently trading around the level of $ 51,000.
The next key resistance is in the level of $ 53,500 (September high). A break of this resistance will open the way to an all-time high of $ 64,700.
The nearest support is in the area of $ 48,000.

BTCUSDH4 (5)

Created by Joshua Hayn

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