mrAT_Trader

BTCUSDT : Analysis , 1D

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders, we want to check the Bitcoin chart in the daily time frame. The price has broken out of a descending channel, but this does not mean that the upward trend has started. After settling in a range channel, the price has now reached the channel ceiling. How the price reacts to this area plays an important role in the future trend of the market. In order for the overall market trend to become upward, the price of Byte can break this area well. If the price can break this area, the next targets we expect are the price It will reach 28,000 and then 30,000, but if the price shows its weakness and fails to break the area upwards, we expect it to fall around the price of 21,000. Good luck.

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