BTC/USDT ANALSYS
The chart shows price action of Bitcoin under an intraday timeframe. After breakingout above the (64,070) previous strong resistance level. Prices are now sitting above the key support area arround (64,070-63,891) which worked as a strong resistance barrier now turned into a support. Market created a range level sandwitched in between (65,041-63,873) a breakout or breakdown of either level will confirm next move. In my opinion market willbe moving into this tight range for several days as of weekend is ahead we may face low volume which may keep prices roaming in between these two levels a final move may come on MONDAY. If we get some volume in the market during weekend days then we can think about a breakout or breakdown on either direction and then no need to wait for Monday.
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