#Binanc

#sguare Bitcoin (BTC) is generally trading within a downward trend inside the red descending channel, in the context of a corrective movement.

As it approaches the lower limit of the channel, it enters a state of overselling.

The lower line of the red channel also intersects with the demand area in blue and the previous historical peak.

Therefore, as BTC approaches the intersection area, we will monitor buying opportunities with the trend on smaller time frames.