BTC has so far followed March 14th analysis in which it was stated that BTC needs to drop towards the the prz of 73,000 - 74,000 zone where if a good upward reaction occurs (which happened!), we can be optimistic about seeing BTC rising towards the previous ATH and even crossing above it.
So far, bullish confluences can be seen on the chart and when BTC crosses above the blue descending trendline, it shall gain a better momentum. A good daily close above the 88,800 level shall further confirm this bullish scenario which goes along well with the USDT.D potential drop towards lower levels.
So far, bullish confluences can be seen on the chart and when BTC crosses above the blue descending trendline, it shall gain a better momentum. A good daily close above the 88,800 level shall further confirm this bullish scenario which goes along well with the USDT.D potential drop towards lower levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.