#BTCUSDT 1D
After its 12% drop in the last two days, Bitcoin has seen a significant price drop to $56,500. After hitting its new ceiling on March 14, it entered the downward channel and even this selling pressure increased after the halving. Considering that from The floor of the price channel has gone down and the possibility of going down is open. Tonight at 21:30 the US Federal Reserve will announce the interest rate. The current figure is 5.5. If this figure goes up, we will have a drop of 54500 and maybe even up to 53000 dollars. Currently, the best thing is not to trade or reduce the average step by step. To grow, it must break the resistance of 60,000 dollars, and then it will reach 60,800, 61,800, and 63,700 respectively.
Technical analyst: Amir Hassan Salek
After its 12% drop in the last two days, Bitcoin has seen a significant price drop to $56,500. After hitting its new ceiling on March 14, it entered the downward channel and even this selling pressure increased after the halving. Considering that from The floor of the price channel has gone down and the possibility of going down is open. Tonight at 21:30 the US Federal Reserve will announce the interest rate. The current figure is 5.5. If this figure goes up, we will have a drop of 54500 and maybe even up to 53000 dollars. Currently, the best thing is not to trade or reduce the average step by step. To grow, it must break the resistance of 60,000 dollars, and then it will reach 60,800, 61,800, and 63,700 respectively.
Technical analyst: Amir Hassan Salek
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Disclaimer
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.