Bitcoin/USDT 1 Day Chart Analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
After 8 wining days, Bitcoin having a rest today.

The live Bitcoin price today is $39,849.41 USD with a 24-hour trading volume of $25,960,824,988 USD. Bitcoin is down 0.22% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $748,009,263,501 USD. It has a circulating supply of 18,770,900 BTC coins and a max. supply of 21,000,000 BTC coins.

Bitcoin is currently at 41k Resistance level and also in 1 Day chart bearish Divergence also performing. In 1 Day chart the last candle was a spining top and there is a posibility to reverse the Market, But the good thing for Bulls in the market has cross the 200EMA. We have to wait for a good sign to take an entry.

Good Luck!