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btcusdt#Btcusdt is having sideways structure at short time frames.
Whereas bearish high time frame structure till it is below 42000 Levels.
Bitcoin resistance is 42000 support is 30000.
Conclusion , Dont expect market to be bullish. Bitcoin & market is having good situation to be at sideways/bearish until btc is below 42000. trade only short term if you Have good trades. Holding is not advisable until you have extreme reason to hold projects.
BTCUSDTBTCUSDT continues to experience slight decline on Thursday, trading around the $42,000 mark. The weakening trend has not yet ended as BTCUSDT shows signs of convergence between resistance and the 34, 89 EMA lines. Sellers are currently targeting the nearest profit-taking level at $41,700. If this level is broken, it could open up more opportunities for sellers around the $40,000 mark.
Good luck everyone !!
BTCUSDBTCUSD on a 15min timeframe ! Target should be around 4400$ !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
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