BTC/USDT (39k Dollars New Resistance?)

💎Technical Analysis Summary💎



Binance: BTC/USDT

-Bitcoin did a good job breaking out the trendline resistance
-It also manages to hit the near 39k dollars area
-But immediately found resistance the second time around
-The 38k-39k dollars is the next key area that needs to break in the coming days
-If BTC will try to retrace the potential local support is around 35k dollars
-The Bulls must defend it to keep the strong momentum alive
-There is no major red flag today, only potential minor correction
-The altcoins are safe for the next few days
-But always remember to put stop loss in every trade




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