BTC 12h Critical level $54100, where will be next movement?
Updated
Today Bitcoin has reached the critical level of $54,100
The price behavior of the BTCUSDT pair in the coming days will decide the future trend in the crypto market.
A confident fixation of the BTCUSD price above $54,100 will give an impetus for growth first to $56,400, and then one can even think about updating the maximum to the $61500 area.
However, if in 1-2 days the BTC price cannot gain a foothold there, then it will be necessary to start considering the red route, which may become the beginning of a trend change.
The dominance of BTC continues to ram the bottom at the bottom of the channel. The probability of BTC domination shot up to 68% remains quite high.
Such a maneuver could be a positive impetus for the movement of the BTCUSDT price, however, how the altcoins will behave is still a mystery.
Let's try to solve this riddle a little bit)
Write in the comments the trading pair you want us to analyze during the next week.
We'll start in the comments, and you keep going!
TOP 5 trading pairs that will collect the most likes or comments will receive a worthy analysis from us.
And of course, do not forget to subscribe to us and write thoughts in the comments regarding our analysis!
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
The price behavior of the BTCUSDT pair in the coming days will decide the future trend in the crypto market.
A confident fixation of the BTCUSD price above $54,100 will give an impetus for growth first to $56,400, and then one can even think about updating the maximum to the $61500 area.
However, if in 1-2 days the BTC price cannot gain a foothold there, then it will be necessary to start considering the red route, which may become the beginning of a trend change.
The dominance of BTC continues to ram the bottom at the bottom of the channel. The probability of BTC domination shot up to 68% remains quite high.
Such a maneuver could be a positive impetus for the movement of the BTCUSDT price, however, how the altcoins will behave is still a mystery.
Let's try to solve this riddle a little bit)
Write in the comments the trading pair you want us to analyze during the next week.
We'll start in the comments, and you keep going!
TOP 5 trading pairs that will collect the most likes or comments will receive a worthy analysis from us.
And of course, do not forget to subscribe to us and write thoughts in the comments regarding our analysis!
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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