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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC/USDT

Bitcoin on the verge of breaking an important resistance ...

Reacting to the support of the $ 37700 range, move to the main resistance and if this resistance fails, based on the previous analysis as well as the analysis of the #TOTAL chart, a new uptrend will begin and the new trend is expected to continue for 2 to 3 months.

If the resistance breaks, the next target will be 57,500, and the Altcoins are expected to grow well during this time.

Due to the wave structure formed, as long as the price of Bitcoin is above the $ 39,000 range, it is prone to growth in the short term and the market ascent scenario is valid.

Given the above, buying in the medium term is only recommended if the price has exceeded $ 45,500

In case of any change, the analysis will be updated again

Losses for the current range, penetration to $ 39,000

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