Hello, members welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart that BTC will dump all the way towards the 30k and it moved very well.
Now, BTC bounced right from the 30k support level and currently trading at the price level of 32k.
As we can see from the above-mentioned chart and witness that whenever RSI goes oversold BTC bounces almost 30%-35% from the bottom level.
So here according to me, BTC’S next stop will be $41000 in the upcoming days.
If BTC closes below the lower support zone then this
The chart will be invalidated.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
thank you.