Bitcoin day update - Bitcoin still processing for 39K trend
Hello trading friends,
This is a daily update for BTCUSDT depending on the last trends.
The bitcoin is still positive for the 39K trend, and there is a high expectation as since start that 39K could be the next important zone of BTC since the last breakdown trend.
Data
Trend data shows that bitcoin should hold the 35K trend if we want to increase further to 39K, 35K are important to level to hold, as long BTC holds this level with a time frame and confirmation - 39K is the next expecting trend.
Bitcoin goes in most of the time into lines, which means it can show different price actions before it enters the price. but as long it stays into the green cycle then it's on the right way.
Power trend line: 38600 where the volume could show more trends.
Manage your risk, and check what is the best setups for your trading.
Have a great day all!
This is a daily update for BTCUSDT depending on the last trends.
The bitcoin is still positive for the 39K trend, and there is a high expectation as since start that 39K could be the next important zone of BTC since the last breakdown trend.
Data
Trend data shows that bitcoin should hold the 35K trend if we want to increase further to 39K, 35K are important to level to hold, as long BTC holds this level with a time frame and confirmation - 39K is the next expecting trend.
Bitcoin goes in most of the time into lines, which means it can show different price actions before it enters the price. but as long it stays into the green cycle then it's on the right way.
Power trend line: 38600 where the volume could show more trends.
Manage your risk, and check what is the best setups for your trading.
Have a great day all!
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