BTCUSDT is narrowing its price range as it has been trading sideways for almost a week, but a breakthrough is about to happen at the $34,542 level. At the time of writing, the cryptocurrency is trading at $34,272. The immediate target for BTCUSDT is likely to break through the resistance level at $35,292, followed by a pullback.
The upward trend is still favored during this period, so we remain optimistic about reaching the $36,000 mark in the near future.