BTC new direction

12 thg 9

Based on the analysis of price action and the identified supply and demand zones, BTC/USDT appears to be at a critical juncture with the 50% retracement level acting as a significant resistance. If the price fails to break through this level and encounters selling pressure, a fall towards lower levels is plausible. It is crucial for traders to keep an eye on the behavior around the lower demand zones to gauge the strength of the potential reversal or continuation of the downward trend.