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Let's analyze BTCUSDT : BTCUSDT has been in a downtrend for the past 49 days. A significant recovery is anticipated, potentially around 33%, mirroring the previous drop from $74,000. This level aligns with a key support zone on the weekly chart, suggesting a strong potential for a price rebound. Stay patient and try to accumulate BTC near that level.
Support Levels: $70-74k
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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.