BTCUSD Technical and Fundamental SupportBitcoin / TetherUSBINANCE:BTCUSDTKhan82So BTC broke the long term down trend channel (white dotted channel), then moved in a corrective channel (red channel) and broke below it, making that channel a possible bear flag. But we have found significant support and a possible double bottom. From here, we can expect at least the re-test of the support-turned-resistance of the Red channel. If the price breaks above it, then that would be very bullish until we reach the previous support-turned-resistance (red resistance area). Plan your trades accordingly. Disclaimer: This chart is for education purpose only and it is not a financial advice. Do your own analysis and always manage risk.