BTC/USDT (Bullish above 20k)

BINANCE:BTCUSDT   Bitcoin / TetherUS
💎Technical Analysis Summary💎


-The bulls defended the 18k dollar support region multiple times
-And after more than a month of consolidation below 20k dollars
-BTC has managed to break above the 50D Moving Average & 20k level again
-Now, if the bulls can hold and maintain above this red resistance line
-The chances to continue higher next week increase to test the next point at 22k
-This will be a good oppurtunity for the USD pair Altcoins too
-I will start updating my trading watchlist to look into new potential trades
-Good luck everyone and stay safe!

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