Hello, community members welcome to another BTC/USDT chart update.
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As we can see at the above mentioned chart that till now BTC recoverd well and bounce almost 4.5% from the support level after printing a low of $26800.
Currently BTC is trading below the resistance level 2hrs left for a candle close. Candle close above will be great for bulls and it can rally towards the price level of 29k.
Rejection from this level will lead BTC to its lower levels which are 22k to 19k.
Let’s see how BTC performs in upcoming hours and will it be able to recover more or will get rejection.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.