$BTC

Bitcoin after hitting its all-time ceiling of $73,800. It began to decline and reached the support level of $57,500-$56,200, and then rose by more than 15%.

The price is still in a downward channel; a breakthrough has not yet occurred.

If the price can break out of the downward channel, it could reach the $74,000 resistance level again.

If the channel is not broken, the price will fall back to the support level.

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