BTCUSDT
Updated
Hello all dear traders!
BTCUSDT is trending up today with the coin currently hovering around $72,300.
Technically, although BTCUSDT is rising, there are clear signs of overbought conditions with immediate resistance at $73,300 and the higher high at $74,000 yet to be broken. This could lead to consolidation or a pullback in the short term.
However, given the overall market structure, Bitcoin could be on the verge of exploding higher in the coming months.
BTCUSDT is trending up today with the coin currently hovering around $72,300.
Technically, although BTCUSDT is rising, there are clear signs of overbought conditions with immediate resistance at $73,300 and the higher high at $74,000 yet to be broken. This could lead to consolidation or a pullback in the short term.
However, given the overall market structure, Bitcoin could be on the verge of exploding higher in the coming months.
Trade closed: stop reached
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