PolarHusk

BTC/USDT (Expect Sideways)

BINANCE:BTCUSDT   Bitcoin / TetherUS
💎Technical Analysis Summary💎



BINANCE: BTCUSDT

-After breaking its upward trendline of support
-Bitcoin is currently facing rejection on the retest
-The good side though it still holding the 0.5 Fib support level
-For me, this is a crucial area for the Bulls to keep the short-term uptrend
-A break below 36k dollars is a warning signal
-We must not ignore the 1st lower high at 40k dollars
-Bitcoin is now moving sideways and we can see the Altcoins are gaining momentum
-This is the perfect time for strong Altcoins to move higher
-But still, do not forget to follow proper risk management especially using a stop loss




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