Analyst: If BTC holds the $63,500 support level, it may rebound to $64,800

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ODAILY
08-26
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Odaily Odaily analyst @ali_charts said that Bitcoin seems to be trading in a parallel channel on the lower time frame. If the $63,500 support level remains, BTC may rebound to $64,200 or even $64,800. However, if it falls below, it may fall to $62,800.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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