BTC/USDT (New Sign of Strengths)

💎Technical Analysis Summary💎

BTC/USDT

-Finally, after weeks of sideways trading action
-Bitcoin is now showing new signs of strength in terms of price action
-With a series of mini higher lows and a flat resistance at 45k dollars
-If BTC can hold above 40-41k in the coming days or weeks
-There is a high probability to retest the horizontal resistance again
-And as we all know, the resistance gets weaker the more it gets tested
-And also, BTC is above the 50D-Moving Average again with a bullish retest recently
-For the Altcoin side, a few are already moving strong and many are in a potential bullish breakout
-I have entered new trades recently, some are in profits and the rest are still waiting
-If the market turns out green next week, expect the same condition for the altcoins too
-Good luck traders!



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