P_S_trade

BTC - 3h. Will buyers have enough strength to test 50,000?

BINANCE:BTCUSDT   Bitcoin / TetherUS
A short update on the BTC market.

Yesterday's daily candle showed that the price was starting to slow down. A small candle on high volumes does not reverse the market, but it gives a signal that you need to carefully look at the BTCUSDT price movement and think about whether buyers will have enough strength for the psychological $50,000.

On a 3 hour timeframe, BTC consolidation allows other coins to complete their final impulses.

As long as the BTC price is above $43,400 - 43,700, buyers are in control of the February 7 rally.

The dominance of BTC is preparing for growth, and now we do not see signals for a market reversal.

While no positions, we are watching. We wish you accurate trades and good mood!
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