BTC/USDT (Test 19k Support Area?)

💎Technical Analysis Summary💎


BTC/USDT

-Bitcoin has been moving sideways for the past few weeks already
-Respecting both the resistance area around 22k dollars and support at 19k dollars
-As a result, Altcoins are unable to sustain a good upside rally to due this type of condition
-Previous consolidation last May to June has been a bearish downside move
-Will this current consolidation range repeat the same history?
-We will have to wait and see if the bulls can defend its key support
-Always play on the defense side by limiting your market exposure
-We have to be quick to exit if our bias turns against us
-And have to be more patient because the market moves in cycles
-Good luck everyone!





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