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Bitcoin in Support Zone! Upcoming Perspectives

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Let's take a look at the possible scenarios for the Bitcoin price development!

In the order book, we can see the key sell levels: 36,500 USDT, 37,000 USDT, 37,500 USDT and 38,000 USDT. The price should not fall below 35,000 USDT, since there is a large buy wall.

The dotted arrow marks an assumed scenario in case of a fall below 35,000 USDT. I hope this is not a bull trap.

Let's take a look at the development of the market in the near future. Hopefully, the current uptrend will help regain lost heights.

Not investment advice.
评论:
Bitcoin successfully bounced off the 34,000 USDT level!

Let's look at the trend development a little more before drawing new conclusions.
交易手动结束:
Bitcoin failed to break through the 35,000 USDT resistance level. The idea has invalidated.

Most likely, Bitcoin will run between 33,000 USDT and 36,000 USDT for a while. A fall below 33,200 USDT threatens to drop the support level to 31,000 USDT.
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