#BTC/USDT SHORTER TIMEFRAME UPDATE!!!

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#BTC/USDT ANALYSIS

It bounced after doing a successful retest above descending trendline and accumulation zone. Currently it is facing horizontal resistance from where we have previously seen a liquidity grab. We've to wait for a solid break above horizontal resistance to confirm the continuation of bullish trend in it.


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Comment:

BTC is still hovering in the same range. It is moving between the $19k-$20.5k level over the last few days. In the 4hr time frame, it is trading inside a symmetrical triangle so BTC update is still the same that a breakout or breakdown will decide the next move. Keep a close eye on this.

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