BTC/USDT

Today Bitcoin (Market Giant) update: As you can observe in the Graph 50MA (yellow trendline) crosses 200MA (red trendline) which in other words consider as DEATH CROSS that's stands for a DIP (Bearish Movement) so based on Analysis if it happens so I think we will be seeing Dip once again in other words another Good opportunity for Buying. Based on previous Analysis I mentioned that it could lead BTC/USDT to the level between 42,500 to 40k. First level already achieved Hopefully we don't see the consequence of Death cross as they can be refer as Lagging indicators too. On other hand BTC/USDT has shown Good Move since yesterday. You can agree to my point or disagree it's totally upto you but I was just sharing my point and to make you all aware. Keep in mind my analysis are always based on fundamentals and technical indicators. This could be wrong too but I sence it most probably.
binanceBTCUSDdeathcrossFundamental AnalysisTechnical IndicatorsTrend Analysis

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