irCryptoClub - BTC/USDT
Updated
BTC/USDT
Considering the analysis of Bitcoin in the last 2 months and the expectation of price correction from the ceiling of $ 53,000 to the price range of $ 37,000 - $ 40,000, the analysis of the above indicators is continuous and logical. It was about $ 37,000
Accordingly, as mentioned in previous analyzes, the $ 37,000 range of the Bitcoin chart is very important and the reaction of this range to the price of the assignment will clarify the long-term trend of the market.
Despite the fact that in our opinion the long-term uptrend of the market is not over yet, precautionary measures are required for any event. Therefore, the total loss of the Bitcoin price stabilization market is below the $ 37,000 range, and with the penetration and stabilization of the price in this range, the long-term downward trend will be
In case of any change, the analysis will be updated again
Considering the analysis of Bitcoin in the last 2 months and the expectation of price correction from the ceiling of $ 53,000 to the price range of $ 37,000 - $ 40,000, the analysis of the above indicators is continuous and logical. It was about $ 37,000
Accordingly, as mentioned in previous analyzes, the $ 37,000 range of the Bitcoin chart is very important and the reaction of this range to the price of the assignment will clarify the long-term trend of the market.
Despite the fact that in our opinion the long-term uptrend of the market is not over yet, precautionary measures are required for any event. Therefore, the total loss of the Bitcoin price stabilization market is below the $ 37,000 range, and with the penetration and stabilization of the price in this range, the long-term downward trend will be
In case of any change, the analysis will be updated again
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Failed to cross the 1-hour timeframe resistance at around $ 44,200 and re-entered the correctionThe current correction wave is expected to continue at around $ 41,800 and re-stabilize in the current range after reacting to this level.
In case of intrusion into this range, according to the time period specified for the previous 4-hour analysis, the final downward wave will be achieved up to around $ 37,000.
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Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/CryptoClub_Technicalanalyst
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