Technical Analysis – Bitcoin recovery from onemonth lows…
BTCUSD breaks below ascending trend channel Trades below 70,000 at lower boundary of consolidation Momentum signals suggest deeper declines may be limited for now Bitcoin is attempting a mild recovery after falling to a onemonth low slightly below 65,000, before paring losses and trading higher near 67,700, trying to reenter the multimonth upwardsloping channel intact since
