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Welcome to this BTC/USDT update. After breaking an important resistance level of 40k, BTC doing well. It made a high of $45,400 and got rejected from there. Currently, it is trading above 43k
BTC holding the 43k support very well as of now. If BTC holds this support then there is highly likely that it can bounce from here and break the 45k resistance. After breaking the 45k-46K level my next target for BTC is 53k
If BTC breaks below the 43k level then we might revisit our main support zone (previously resistance) which is at 39K-40k and after hitting this support zone I'm expecting a good bounce.
Let's see which scenario will follow BTC.
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