BTCUSDT has broken the bearish trendline resistance, and now BTCUSDT seems to be making a short term bullish move. I predict the bullish movement of BTCUSD will reach the 53677.06 - 52630.94 area for two reasons. First, there is minor resistance in that area. Second, both Fibonacci Expansion and external Fibonacci retracement golden ratio create a cluster area around the area. So based on these 2 views I assume BTCUSDT will continue its short term bullish run.
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.