#BTC $BTC
We should expect an attempt to develop growth in the value of the digital asset and a test of the resistance level near the 60105 area. From where we should again expect a downward rebound and an attempt to continue the fall of the Bitcoin rate with a target below the 52400 area.
A test of the resistance line on the relative strength indicator will act as a signal in favor of a decrease in BTC/USD quotes. The second signal in favor of this option will be a rebound from the lower border of the bullish channel. The cancellation of the option of a decrease in the coin rate and the value of Bitcoin will be a strong increase in the value of the asset and a breakout of the 62505 area. This will indicate a breakout of the resistance area and continued growth of the Bitcoin rate with a potential target at the level of 65505. Confirmation of the fall in the asset price will be a breakout of the support area with a price consolidation below the 57405 mark, which will indicate a breakout of the lower border of the Double Top reversal pattern and the beginning of the pattern with targets below.