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irCryptoClub - BTC/USDT - Binance

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC/USDT

Reacting to the $ 28,500 range, it will move up again and cross the $ 33,000 range.

By stabilizing above this range, we are expected to continue the upward movement to the extent indicated on the chart

As long as the price does not exceed $ 38,000, the medium and long term trend of this currency is still declining and the scenario described is just a correction wave.

Loss for the current range is $ 31,500
Trade closed: target reached:
The price rose to about $ 40,000 after closing daily trading with about $ 5,000

A short-term uptrend will be confirmed if it stabilizes above $ 38,000

If the short-term uptrend is confirmed, the market is expected to have good conditions for 7 to 10 days and be suitable for fluctuations.

If necessary, the analysis will be updated again
Trade active:


After stabilizing the price above $ 38,000, the market movement slightly improved and, as mentioned, we also saw the growth of Altcoins in a few days.

According to the previous analysis, with the loss of the trend range, there will be a possibility of a re-fall in prices

Due to the structure of the last bullish wave in different timeframes, the most important support of the range is currently around $ 37,700, and by penetrating this range, the price can move back to $ 31,500.

According to the final analysis, if you have this currency in your basket, you can keep 37700 by observing the loss limit.

A detailed analysis of Bitcoin and the general market situation in different timeframes will be provided soon

Crypto Club TA team

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