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Thursday, December 29, 2022

BTC/USDT 2HOUR UPDATE

BTC/USDT 2HOUR UPDATE

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Hello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.

I have tried to bring the best possible outcome to this chart.

CHART ANALYSIS:-
BTC took a sharp correction after the breakdown of the ascending triangle . Now it has cleared stops below the previous low and bouncing from the horizontal support.

A bounce is expected from here, but a strong confirmation of bullish momentum in the market is a solid close above $17K. If it breakdown the current horizontal support, we will see a further downward move in the market.

This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.

Thank you

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