Bitcoin / TetherUS
Updated

BTC/USDT | Higher or lower? (READ THE CAPTION)

120
After reaching 74k last week and hitting the Wick's C.E., BTCUSDT has plummeted in price and went as low as 65,618, but after hitting that level it somewhat recovered and is now being traded at 67,600, retesting the FVG at 67,587 to 68,016.

Now, if Bitcoin fails at retesting the FVG, a drop to below the 65,600 is possible, in order to sweep the pool of liquidity there and then make an upwards move.

The targets for BTC, should it go through the FVG: 67.800, 68,200, 68,600 and 69,000.

If it fails: 67,000, 66,500, 66,000 and 65,500.
Trade closed: target reached
All bullish targets reached.

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