Based on our previous analysis, the price of 
BTCUSDT surpassed $28,000 and reached $31,000. However, a correction is needed this week before the continuation of the bullish trend. The next key levels to watch are $31,500 and $34,000, but prior to that, the price must retrace between $30,000 and $28,000.
Currently, the trend remains bullish, and for a trend reversal,
BTCUSDT would need to drop below $26,000. Therefore, it is advisable to be prepared for the next entry point in the market, which could potentially be around the following levels: $29,900, $29,000, and $28,000.
Currently, the trend remains bullish, and for a trend reversal,
Note
According to our analysis, Bitcoin has reached the $31,000 level as we predicted, and then a correction was made to the new $29,000 level. BTC is heading towards the $32,000 level this week. Stay tuned this week as there will be events that could influence the price of Bitcoin.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.
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.