BTC USDT is in a falling channel we have 4 scenarios in play
bullish scenario out look for me if plays out there are many possibilities, but honestly this for me is a no trade zone unless BTC crosses $3620 and closes above it which to me would signal a semi bullish outlook. if BTC is capable with strong volume to break $3620 with good momentum it should break $4 k then i would be bullish with a possible target of $5,086.
BTC with Bakkt has not formally announced a delay, all we have is he say she say possible delay news, today was the official opening of bakkt. because of US govt shut down im assuming that Bakkt will announce formally of the delay to its and other media outlets. this will bring BTC down maybe after a little pump to $3,860 then dumping to $3,100 then $2,800.
BTC may get the support it needs from $3,100 or $3,300 so its hard to say.
this is not financial advice i have left out many possibilities use your imagination, Bakkt is key we need to see the reaction and vacuum power of selling and buying that it may bring for us to confirm properly of the direction BTC will seek.
BTC with Bakkt has not formally announced a delay, all we have is he say she say possible delay news, today was the official opening of bakkt. because of US govt shut down im assuming that Bakkt will announce formally of the delay to its and other media outlets. this will bring BTC down maybe after a little pump to $3,860 then dumping to $3,100 then $2,800.
BTC may get the support it needs from $3,100 or $3,300 so its hard to say.
this is not financial advice i have left out many possibilities use your imagination, Bakkt is key we need to see the reaction and vacuum power of selling and buying that it may bring for us to confirm properly of the direction BTC will seek.