Pearl-A

BTCUSDT CONSOLIDATION PHASE

PHEMEX:BTCUSDT   BTC / USDT Spot Trading Pair
Bitcoin has successfully made a retest at the edge(bear flag's support area) but the major support area at $36.4k has been incredibly holding from seeing a crash in crypto. This major support area is registered as a checkpoint in the event of unexpected crisis, if btc can stay afloat the minor support at $39.3k this could be an ignition of a new bull season. Be patient enough to wait for confirmation of a daily close above or below the indicated trendlines before taking a position. Anticipate for new technical analysis on alt coins with huge potentials.
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