Technical analysis by sahbil about Symbol BTC: Buy recommendation (7/5/2023)

Watch BTC Support and Order Block BTC has recently been rejected from the middle of its range, signaling a bearish outlook. Keep a close eye on the key support level at $29200, a break below this level could indicate further downside potential. However, there is a significant order block around the $26900 area, which might serve as strong support. If BTC reaches this level and shows signs of buying interest, it could lead to a potential price pump or rebound.