BTC/USDT (Short-term Downtrend Completed?)

💎Technical Analysis Summary💎



BTC/USDT


-Bitcoin bounces strongly at 200MA in the 4H time frame
-Confirming this Bullish descending channel
-If the Bulls can close the daily candle in green
-The chances to test the 53k dollars area increases
-The correction might be over and start a new trend?
-We will have to see how the price reacts above the 50k level
-For now, we are safe and waiting for the Altcoins to catch up




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