BTC/USDT (Holding 16k Dollars)

💎Technical Analysis Summary💎


BINANCE: BTCUSDT


-Bitcoin broke its local resistance area at 15.8k dollars
-The price is now trading above 16k dollars
-This is a good sign in the short term
-If the Bulls can maintain above resistance for the next few hours
-There is a chance of another rally up to 17k dollars
-Be cautious if you are buying at market price
-Always have a stop loss in case of a strong downside correction




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