BTCUSDT seems to be running out of steam after its bullish rally last month. A decent retracement is needed to enable gain some momentum for further bullish move.Having broken out of the bullish trendline and also a minor support zone,
BTCUSDT has retested this zone, hence making it a resistance zone. It is expected to drop to 99k zone as the first target and if it does not hold, then a drop to 91k zone should be expected.Kindly support this analysis to enable it reach to other people, and do comment your thoughts.
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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.