alikavoosi

BTC/USDT - 5/19/2021 - Analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
As you can see on chart and my analysis, we are on a important place for bitcoin price. It's time for bitcoin to decide what to do. It has an important resistant which is weekly resistant and if it breaks out it ,I think the bearish trend for BTC/USDT will start. Also based on phycology of market, fear index in market has been increased , as result we can expect to investing on BTC/USDT will be decrease. after all of these we can conclusion if BTC break out from that resistant on 35K$ it will start a bearish trend. if it doesn't break out we can open a long position for it till 55k$.

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