BTCUSDT: Falling from the price level of 40,000 USD
Dear valued readers, as I mentioned yesterday, BTCUSDT has broken out of its upward channel, leading to a significant decline in the price. At the time of writing, the cryptocurrency market is trading around the $40,000 mark. The downward trend is strong as the price has surpassed several important support levels, namely $41,000 and $42,000.
Meanwhile, after the approval of 11 Bitcoin ETF funds, BTCUSD continues to decline on Thursday. It is expected that the price will reach $35,359. What are your thoughts on this matter? Do you agree with me?
Meanwhile, after the approval of 11 Bitcoin ETF funds, BTCUSD continues to decline on Thursday. It is expected that the price will reach $35,359. What are your thoughts on this matter? Do you agree with me?
Trade active
Note
Related publications
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.
Related publications
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.