#BTC/USDT DAILY CHART UPDATE !!

Hello, traders welcome to another BTC/USDT chart update.

As I mentioned in my previous daily chart update that BTC was forming a well bullish divergence and can bounce any time.

As we can witness BTC performed extremely well last weekend, Here BTC followed the bullish divergence well and it pumped almost 6.5% from the lower trend line support.

So, what next?

According to the current scenario BTC needs to hold this price level and close above the price level of $30600 which is local support for now.

A candle close above the 30.6k will lead BTC to its next resistance level which is $32800. If BTC breaks this resistance above and closes then BTC will rally.

NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.

DO YOUR RESEARCH BEFORE MAKING ANY TRADES.

Thank you.
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