Bitcoin : An Overview for #BTC
Currently, Bitcoin is Approaching the 45k Resistance and it may Retest it for the 5th Time. We got rejected here for 4 Times earlier but this time, There are 2 Charts that additionally Support the bulls. They are A bullish Total market cap chart and a Bearish USDT Dominance chart.
Currently, The 45k resistance is strong and we have the resistance coming from the Bull market support Band as well.
If the resistance gets clear, The next resistance will be the 50.8k Fibonacci resistance Zone and the 61.3k Reversal triangle Target zone resistance.
Lets see what the market gives us and remember this... Never enter a trade without a Confirmation
Currently, The 45k resistance is strong and we have the resistance coming from the Bull market support Band as well.
If the resistance gets clear, The next resistance will be the 50.8k Fibonacci resistance Zone and the 61.3k Reversal triangle Target zone resistance.
Lets see what the market gives us and remember this... Never enter a trade without a Confirmation
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