Bitcoin / TetherUS
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#BTC/USDT

240
#BTC

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.

We are seeing a rebound from the lower boundary of the descending channel, which is support at 82900.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.

We are looking for stability above the 100 moving average.

Entry price: 83240
First target: 85150
Second target: 86435
Third target: 87858

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