BTC/USDT (3D Moving Average)

💎Technical Analysis Summary💎


BTC/USDT

-The Bitcoin bulls are defending the 3D 200 Moving Average
-This important moving average is a confluence of the previous trendline
-Which for now, is acting as a key support area during its retest
-If the bulls can hold this level for the next 1-2 weeks
-The chances to form a reversal pattern and retest the 40k-45k level increases
-Let us still play very cautious because of the outside circumstances affecting the financial markets
-Only 1 day left before the monthly candle closes, would be really interesting to see how it close
-Good luck and stay safe everyone!



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