Btc/usdt ..Important level to watch in order to continue bullish
BTC/USDT
Btc lately successed in break of the traingle formed since last drop from 12k to 10k
Also now trading above ema 20-50-100-200
These are good bullish signs but not enough 100% to consider it a bullrun
We can see a re-tracement to retest the level 0.5fibo which is about 11000
Or more re-tracement to 0.618 fibo level around 10900
10900-10800 also was a previous resistance area turn support now
Around 10850 considered a monthly resistance also
Btc shouldn't break and close under 10800 again in worst cause to consider it a legit second bull run
Btc lately successed in break of the traingle formed since last drop from 12k to 10k
Also now trading above ema 20-50-100-200
These are good bullish signs but not enough 100% to consider it a bullrun
We can see a re-tracement to retest the level 0.5fibo which is about 11000
Or more re-tracement to 0.618 fibo level around 10900
10900-10800 also was a previous resistance area turn support now
Around 10850 considered a monthly resistance also
Btc shouldn't break and close under 10800 again in worst cause to consider it a legit second bull run