BTCUSDT price is receiving major support and can pump

As we can see price is receiving a strong support zone here and only if this local support remains valid we can expect a pump here like the green arrows.

If this support breaks we can expect more fall here to the targets like 35K$ Or 32K$.

38500$ is 0.61% Fibonacci level too.(the reason that we named it major support)


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Bitcoin (Cryptocurrency)BTCbtcanalysisBTCUSDTFibonacciMultiple Time Frame AnalysisSupport and Resistance

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