BTCUSD is in bearish pennant pattern in 1hrs TF. Considering the global cues we can expect further fall in BTCUSD till 54000 zone. Be cautious with trades.
BTC just broke the channel pattern in 15mins TF and again consolidating between 63600 & 63300 in channel pattern.
Break in either side can give a good move.
Resistance 64800
Support 61800
BTCUSD is trading near important support zone of 61800.
If it breaks the 61000 zone we can expect a further fall in BTC till 54000.
If its reversed from that zone we can expect a upward move till 65000.
