BTCUSDT Next Target

BTCUSDT has started a big uptrend and could meet 50K one more time.

As you see in the chart, after a significant rise, price started a correction phase and was consolidating and moving sideways in the red rectangle pattern.

Moreover, a bullish triangle pattern has been created, which is also broken out to the upside and price has pulled back to it after closing a bullish candle above that.

If price breaks the last high at 56800 and closes a bullish confirmation candle above this level, we can expect more growth around 58850 - 59K.