BTC/USDT 5th retest of major support zone, will it hold?🏄‍♂️
Bitcoin is inside the major support zone and we have retested this area 5 times already without seeing a major change in trend direction. US30 and US500 charts look exactly the same, they are looking for lower support zones. I think there is a higher probability that we break this support to continue the bear market. We could see a potential bear trap and the continue to rise higher but for that I would wait for confirmations: First seeing a false breakdown and then the breakout of the trendline that the price has formed.
Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!
Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!
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