In analyzing the BTC/USDT daily chart, it's evident that the 20 MA has not crossed the 50 MA, indicating that we're not yet entering a bullish trend. 📉 Consequently, we are experiencing a short-term downtrend.
I anticipate a correction in the $86,500 - $89,000 zone. 🔄 Following this adjustment, I expect the bullish trend to potentially resume. 🚀
I anticipate a correction in the $86,500 - $89,000 zone. 🔄 Following this adjustment, I expect the bullish trend to potentially resume. 🚀
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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.