BTC USDT- Dec 30, 2021

30 Des 2021

So far decemebr has been less than expected. The 46.5 level has held up for BTC and we have seen a small bounce from it. with a small engulfing candle on the hourly, it may see if things are going up again. However, it mst be kept in mind that 52 K level has been a strong resistence. The options expiry tomorrow will also prove to be crucial. We may see BTC within 46.5 TO 48 k range thus giving us good positions to pick up more for a trade. This will be a risky trade so best to make sure that liquidation rates are well below 40 K..