📉 BTC dips but recovers quickly.

News of US/Israel attack on Iran rattled traders. Initially.

BTC dipped from $66K to $63K almost instantly but then gradually climbed back above that level!

That’s a sign of solid resilience. Sign of solid demand. Traders buying dips.

Zooming out, BTC continues to consolidate in a range ($60K - $70K).

As we state in our Technical Analysis, we’d be buyers near $60K support and sellers near $70K resistance.

The more time BTC spends consolidating in that range, the more robust that support base becomes. More signs of potential trend reversal.

Seeing buyers step up during pullbacks is encouraging. But it’s still early.

There are other altcoins also trading in a Sideways Channel. Some you can find in our trade setups:

Traders can trade Sideways Channels: buy near channel support, sell near channel resistance.

It’s actually one of the easiest trading strategies that we also explain in Lesson 6 of our education course.