MMBTtrader

BTCUSDT 40K support is making local pump now

BINANCE:BTCUSDT   Bitcoin / TetherUS
Two main resistance zones are ahead that can make the price weaker if they remain valid.

Frist resistance zone is 52K--53K support that turns to resistance now(0.61 Fiboancci resistance + retest breakout of green trendline).
The second resistance zone is red trendline sell pressure that is near 55K$.

only after breaking the 55K resistance zone , and also it can happen(breaking 55K$), we can expect a bullish market, and BTC won't fall anymore.

Notice: if 40K support breaks then the price also can easily fall more to next support zones like 35K and 30K.

DISCLAIMER: ((trade based on your own decision ))
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