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Welcome to this BTC/USDT update. BTC looks fine in LTF.
BTC is making a broadening wedge structure in 1hr time frame. Currently, it is trading at $45,900 and holding the support of $45,500 well so far. I'm expecting a good bounce from here.
BTC has a resistance at 47k. Once it breaks as well as this broadening wedge then we are ready to go 50k
If BTC looses $45,500 support then next support for BTC is at 44k and at 43k
I'm expecting a big move incoming soon. Let's send it to 50k
What do you think guys? Do you think 50k is incoming or we have to see more correction? Share your views in the comment section.
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