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WHAT ARE SUPPORT AND RESISTANCE?

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Supply and Demand Support and Resistance BTCUSDT Supply Zone Demand Zone resistances
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supplyanddemand supportandresistance btcusdt supplyzone demandzone resistances
BITCOIN IS IN DOWNTREND WE ARE SEEING A GREAT SUPPORT AT 30K TO 33K LEVELS. THAT MEANS INVESTORS/TRADERS ARE HEAVILY BUYING AT THIS ZONE.

THIS DOWNTREND STARTED WHEN INVESTORS STARTED TO BOOK PROFITS ON 65K FOLLOWED BY SOME NEGATIVE NEWS.
THIS RESULTED IN RESISTANCE ZONE AT 65K LEVELS.

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