Go the this analysis use trade wisely bearish trend for BTC/USDT, expecting the price to reject from the current level of 96K and possibly drop toward the support zone around 94K to 90K. This type of analysis could be based on various factors such as price action, resistance levels, or technical indicators.
If the price fails to break above 98K, your expectation of a pullback towards the lower support levels might be a reasonable scenario. Keep an eye on how the market responds to those levels and any significant events or news that could impact the price movement.
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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.