Stable transactions wait for the opportunity to increase prices
Hello, Karina's amazing friends! After BTCUSDT surged quickly from $28,000 and surpassed the psychological barrier at $30,000, it is currently trading around $34,325 this week, maintaining a sideways trend.
As we can see, after the strong upward momentum, the price has somewhat calmed down while trading within a narrow range. The price is now testing the 34 EMA line, and a breakout from the current trend could potentially push BTCUSDT to a new high at $35,000 and continue further development. This is known as a flag pattern (bullish).
As we can see, after the strong upward momentum, the price has somewhat calmed down while trading within a narrow range. The price is now testing the 34 EMA line, and a breakout from the current trend could potentially push BTCUSDT to a new high at $35,000 and continue further development. This is known as a flag pattern (bullish).
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