Technical analysis by Delkook about Symbol BTC on 4/17/2025

Bitcoin has recently been out of a long -term descending channel, and this has attracted the attention of many traders. Usually, when the price is associated with the fixation of the candlesticks outside the channel, buyers will be traded with the expectation that the upward movement will continue. It is still likely that the price will be back to the liciditite range at the bottom of the return to collect the liquidity needed for a stronger uptrend. Thus, the traders should be careful about fake (false) breakthroughs and wait for stronger confirmations before entering the purchase transactions.