BTC/USDT
BTC/USDT
-BTC is trading around $57800 after retracing from $55300
-BTC got rejected from $60000 level thrice in a row,which means bulls are not strong enough to cross that level
-Right now $60000 is a very strong resistance technically and besides that its a psychological level too and it has became a strong resistance
-EMA 200 is acting as a good bounce area and giving a good support around $55000
-We might see one more attempt to $60000 since BTC is forming a triangle,if we manage to break $60000 level then we will go to between $65000-$75000 this month and it will give confidence to alts to rise up
-BTC is trading around $57800 after retracing from $55300
-BTC got rejected from $60000 level thrice in a row,which means bulls are not strong enough to cross that level
-Right now $60000 is a very strong resistance technically and besides that its a psychological level too and it has became a strong resistance
-EMA 200 is acting as a good bounce area and giving a good support around $55000
-We might see one more attempt to $60000 since BTC is forming a triangle,if we manage to break $60000 level then we will go to between $65000-$75000 this month and it will give confidence to alts to rise up
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