BTCUSDT: progressing closer to correction
Hello everyone, it's RKarina here again, let's plan our new week strategy together!
Today, BTCUSDT is trading at $63,728, marking a 0.96% increase as the week begins.
From the analysis chart, it is clear that BTCUSDT is approaching its all-time high and forming a cup and handle pattern. In my personal opinion, BTCUSDT is preparing for a corrective phase, with my target set at $51,500 and further decline to $41,500.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.