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BTC: Short-Term Trading Scenario
Bitcoin / TetherUS
Short
BTC: Short-Term Trading Scenario
By KlejdiCuni
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Updated
Nov 30, 2023
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Nov 29, 2023
BTC: Short-Term Trading Scenario
BTC is testing for the third time a very strong resistance zone.
This is an area with a very strong interest for the sellers.
Actually, I am not finding many reasons why BTC should rise further.
It is likely that BTC can move down for correction during these days.
Given that also the US GDP data came out better than expected we may see BTC
moving down during the coming hours.
🟢USD Gross Domestic Product Annualized(Q3) PREL
Actual 5.2%
Expected 5%
Previous 4.9%
GDP data from the US came in better than expected
Thank you and Good Luck!
Nov 29, 2023
Trade closed: target reached
Nov 30, 2023
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Update - #2 - Short Term Trading Scenario
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Trend Analysis
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