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Bitcoin / TetherUS

#BTCUPDATE - 17.6.21

Por Kryptochristian


Struggling to regain the 40k - too long challenging it and we will drop. If we can come out of this small consolidation cycle and press back above 40k then we will regain bullish momentum.

Coming down out of it then we will lose key support and a support trendline.

Money is currently flowing into ALT's quite nicely so lets hope for a bullish break up on the consolidation to continue that momentum.

Personally I am quite bullish on BTC outside of any FUD News and expect to see a test of 41K again by end of day and holding - although breaking back down below 39K then it will quickly become bearish.

Long term - Unless we break 40.7k then we will likely range/consolidate to around October.
Trend Analysis
Kryptochristian

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