BTCUSDT
This is a 1D frame analysis for BTCUSDT As you can see, due to the negative news, the price was unable to remain on our static support and was pressured by excessive selling, causing it to break through our support zone and the price is currently fluctuating at the 24125 level. We have two scenarios for the price in mind. We will review both Bitcoin scenarios. Scenario 1: Taking into account the break of the support line that is currently playing a supportive role for us, the price will move towards that line and pullback to it. Scenario 2: We expect the price to remain on this zone and with the attraction of capital it can bring itself back to our first resistance zone. However, if the price is unable to establish itself above the support line and break through it, we expect a further price drop. Suggestion: Those who wish to take risks can half buy at this zone and wait for the other half either if the price establishes itself above the R2 zone or if the price goes to our second support zone which can be attractive for holders.
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