The Bitcoin market, particularly BTCUSDT, continues to face downward pressure, even as Fed Chair Powell hints at further rate cuts.
Currently, the price hovers around $63,500, and a cup-and-handle pattern seems to be forming. If this pattern plays out, BTCUSDT may see additional declines. Our short-term strategy remains focused on selling opportunities.
Happy trading, everyone!
Currently, the price hovers around $63,500, and a cup-and-handle pattern seems to be forming. If this pattern plays out, BTCUSDT may see additional declines. Our short-term strategy remains focused on selling opportunities.
Happy trading, everyone!
Trade active
nice Trade closed: target reached
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Related publications
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.