Hello, traders welcome to another BTC/USDT chart update.
As we can see in the above-mentioned chart BTC broke above the triangle pattern and bounced after a sharp retest.
After a very long time, BTC performed extremely well till now and the daily candle closed at the price level of $31734 after gaining 9.5% in a single daily candle.
At 4hr time frame, BTC broke both the supply zone area and closed above after 21 days of struggle.
The next target for BTC is to daily close above the price level of $32.8k once BTC is able to cross this hurdle then BTC will be ready to see the $35k - 38k soon.\
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
As we can see in the above-mentioned chart BTC broke above the triangle pattern and bounced after a sharp retest.
After a very long time, BTC performed extremely well till now and the daily candle closed at the price level of $31734 after gaining 9.5% in a single daily candle.
At 4hr time frame, BTC broke both the supply zone area and closed above after 21 days of struggle.
The next target for BTC is to daily close above the price level of $32.8k once BTC is able to cross this hurdle then BTC will be ready to see the $35k - 38k soon.\
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
