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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC/USDT

Short-term view in 1 hour time frame ...

According to the analysis at noon today, bitcoin moved to 45,500 and reacted to this range and again stabilized around $ 46,400.

In case of loss of $ 43,500 range, the bitcoin loss limit, which was announced in the previous analysis, will be activated.

In case of failure of the above short-term trend around $ 47,100, the presented analysis will lose its validity
Trade chiuso: obiettivo raggiunto:

By re-examining the chart and taking into account the fluctuations of the last 24 hours, as long as the price is below 44500, it will be prone to further decline, at least to the specified limits.

Over the next 4 days, we expect to see a continued decline in the erosive price of Bitcoin to 41300, and according to the timing of the chart, we will see the stabilization of the market and the relative growth of Altcoins.

As long as the price is below the $ 45,500 range, there is no valid mid-term uptrend in the market and the analysis provided will be valid.

In case of any change, the analysis will be updated.

Crypto Club TA team

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