BTC:Maintain good growth, waiting for breakthrough opportunities
Hello dear friends!
BTCUSD continues to move around the $43,000 mark in recent days, with the price not finding a suitable opportunity for a new breakthrough as consolidation continues. BTCUSDT is still lacking signs of a breakout, or in other words, the price is forming a flag pattern.
The upward trend is still supported as the price trades above the 34 and 89 EMA lines, with the 34 EMA line above being a good signal for long-term price growth. The question and issue at hand is how long it will take for BTCUSDT to break out of the current trend and reach our target of $46,000 as we previously set.
As for you, what do you think about the trend of BTCUSDT?
BTCUSD continues to move around the $43,000 mark in recent days, with the price not finding a suitable opportunity for a new breakthrough as consolidation continues. BTCUSDT is still lacking signs of a breakout, or in other words, the price is forming a flag pattern.
The upward trend is still supported as the price trades above the 34 and 89 EMA lines, with the 34 EMA line above being a good signal for long-term price growth. The question and issue at hand is how long it will take for BTCUSDT to break out of the current trend and reach our target of $46,000 as we previously set.
As for you, what do you think about the trend of BTCUSDT?
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