BTCUSDT UPDATE
After the strong bullish move, BTC retraced to the 23.6 fib level and is now consolidating, moving in a channel between the 7330 ad 7500 areas. We may see some more sideways movement here as it approaches a potential new trend line. If the channel is broken either up or down we will most likely see an impulse move in the direction of the break.
Watching closely for some confirmation of a new direction.
Watching closely for some confirmation of a new direction.
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