Bitcoin / TetherUS
Updated

irCryptoClub - BTC/USDT - Binance

362
BTC/USDT

As mentioned in the previous analysis, the 55,500 range is currently the most important area support, and penetration to this level could make it difficult to continue the short-term trend.

By examining the daily time frame and considering that the price is currently supported above the mentioned range, the above scenario can be considered to continue the trend.

Also, considering the time analysis, if the price stabilizes above the mentioned support within the next 48 hours, the predicted scenario will be more valid.

Accordingly, the announced loss limit in the previous analysis is still valid, and by stabilizing the price below this range, the above scenario will be fielded and we will see the price fall to the two ranges specified on the chart.

To provide a broader view of the current state of the Bitcoin Analytics Market, the Bitcoin Cap and Domain Market and Altcoins will also be reviewed and presented over the next 24 hours.

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It is still on the analysis path and we expect the projected move to be completed

If we cross the range of 63400, we will see a more stable situation and the continuation of the trend

Also, by stabilizing above the mentioned range, the loss limit will be updated

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