Bitcoin / TetherUSShort
BTC/USDT
BTCUSD is currently trading in a bearish consolidation pattern below the critical resistance level of $61,115. The price has repeatedly tested this level without breaking through, suggesting strong selling pressure.
The 1-hour timeframe shows a series of lower highs and lower lows, indicating a potential downtrend.
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The 1-hour timeframe shows a series of lower highs and lower lows, indicating a potential downtrend.
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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.