Quick analysis of BTC/USDT
The price is currently around 73,600 with a clear upward trend in the short term ๐
โ๏ธ There is strong support at 70K
โ๏ธ Important resistance at 74K โ 76K
๐ If 74K is breached, we will see a continuation of the rise towards 75K+
โ ๏ธ However, in case of rejection, we might see a correction to 70K
Liquidity is coming in and the market is positive, but the indicators suggest a slight correction before any strong rise
๐ The market currently: Cautious rise
#crypt #crypto #ุชุฏุงูู
$BTC
The price is currently around 73,600 with a clear upward trend in the short term ๐
โ๏ธ There is strong support at 70K
โ๏ธ Important resistance at 74K โ 76K
๐ If 74K is breached, we will see a continuation of the rise towards 75K+
โ ๏ธ However, in case of rejection, we might see a correction to 70K
Liquidity is coming in and the market is positive, but the indicators suggest a slight correction before any strong rise
๐ The market currently: Cautious rise
#crypt #crypto #ุชุฏุงูู
$BTC