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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 $40,000 mark.
Good luck everyone !!
btcusdt#Btcusdt is having sideways structure at short time frames.
Whereas bearish high time frame structure till it is below 42000 Levels.
Bitcoin resistance is 42000 support is 30000.
Conclusion , Dont expect market to be bullish. Bitcoin & market is having good situation to be at sideways/bearish until btc is below 42000. trade only short term if you Have good trades. Holding is not advisable until you have extreme reason to hold projects.
BTCUSDBTCUSD on a 15min timeframe ! Target should be around 4400$ !
🚫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!
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