BTC USDT BINANCE Quick Update
After experiencing a good sell off over the last few days BTC is at the bottom region of it's low volatility channel attempting to rally and reclaim 6400.
With several indicators pointing towards an upward momentum coming to the table we are looking to break 6400 and hold above that before going sideways.
There is still massive pressure to keep the price suppressed on BTC, lots of sellers holding orders above our heads keeping us in this channel. That is okay.
We are in a great position for BTC to keep going sideways where it's at.
Lets look towards a push to hold 6400 and watch how the market reacts as the selling orders try to drops us back down.
With the potential breakout on the C.M.F and the D.M.I showing a phase of DMI + increase emerging we are looking ripe for some decent price action.
With several indicators pointing towards an upward momentum coming to the table we are looking to break 6400 and hold above that before going sideways.
There is still massive pressure to keep the price suppressed on BTC, lots of sellers holding orders above our heads keeping us in this channel. That is okay.
We are in a great position for BTC to keep going sideways where it's at.
Lets look towards a push to hold 6400 and watch how the market reacts as the selling orders try to drops us back down.
With the potential breakout on the C.M.F and the D.M.I showing a phase of DMI + increase emerging we are looking ripe for some decent price action.
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