BTC/USDT (New Sign of Strength?)

💎Technical Analysis Summary💎



BINANCE: BTCUSDT

-Bitcoin is trying to break above the trendline resistance today
-There is still less than 6 hours left before this daily candle closes
-If the BTC can hold around 33k-34k dollars, that would be a good Bullish sign
-This will give us a strong bias that the trendline resistance is no longer valid
-If it can form at least 2-3 green candles in the next few days
-The chances to retest the 38k-40k resistance will increase
-We can be safe for now and our immediate guide is the 9MA support
-Expect some altcoins to perform stronger versus Bitcoin again this week



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