BTC - 3h. Will buyers have enough strength to test 50,000?
A short update on the BTC market.
Yesterday's daily candle showed that the price was starting to slow down. A small candle on high volumes does not reverse the market, but it gives a signal that you need to carefully look at the BTCUSDT price movement and think about whether buyers will have enough strength for the psychological $50,000.
On a 3 hour timeframe, BTC consolidation allows other coins to complete their final impulses.
As long as the BTC price is above $43,400 - 43,700, buyers are in control of the February 7 rally.
The dominance of BTC is preparing for growth, and now we do not see signals for a market reversal.
While no positions, we are watching. We wish you accurate trades and good mood!
____________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Yesterday's daily candle showed that the price was starting to slow down. A small candle on high volumes does not reverse the market, but it gives a signal that you need to carefully look at the BTCUSDT price movement and think about whether buyers will have enough strength for the psychological $50,000.
On a 3 hour timeframe, BTC consolidation allows other coins to complete their final impulses.
As long as the BTC price is above $43,400 - 43,700, buyers are in control of the February 7 rally.
The dominance of BTC is preparing for growth, and now we do not see signals for a market reversal.
While no positions, we are watching. We wish you accurate trades and good mood!
____________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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