BTCUSDT : Analysis , 1D
Hello traders, we want to check the chart of BTCUSDT in the daily time frame. After a strong upward movement, the price has reached the key level of 28,000 and 28,500. Then the price had a drop to around the price of 26,500, but the price held this level and the price quickly rebounded. It grew and returned to the previous level, the details of which you can see in the image below.
The price is now settling down and we will check together what scenarios can happen in the future. If the price can break the level of 26500 and stabilize below this price, probably up to the price of 25000, which is the last ceiling. It is broken, it will fall, and if the strength of the fall is high, this fall may continue until around the price of 24,500. If this price stabilizes, it is likely to grow to the next key level, which is around the price of 32000. Good luck.
The price is now settling down and we will check together what scenarios can happen in the future. If the price can break the level of 26500 and stabilize below this price, probably up to the price of 25000, which is the last ceiling. It is broken, it will fall, and if the strength of the fall is high, this fall may continue until around the price of 24,500. If this price stabilizes, it is likely to grow to the next key level, which is around the price of 32000. Good luck.
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