Hi friends hope you are well, and welcome to the new update on Bitcoin.
On hourly time frame, Bitcoin has bounced from the support of the channel,
but rejected by $20800 resistance once again. On this hourly time frame,
Bitcoin has also formed a cup and handle pattern. If BTC breaks Cup & Handle
out then it can reach between $21k to $23k.
On a weekly time frame, RSI is still moving in the most oversold territory ever and now moved sideways.
For a detailed analysis, you can watch the video.
