Bitcoin / Tether USD
Long

BTC has brokeout strong resistance and what's next ?

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Like I said, Bears are wood, coal, oil, petrol, and gas.

BTC has brokeout 0.618 daily strong resistance !

And what's next ?

Using fixed range volume profile tool, we can see that the next strong resistance will be $56000, and there is a gap between $52000 and $56000.

I think BTC will hit $56000 in the next few weeks, pessimistically, in the next few month :)

Maybe holding long postion with low leverage for a long time is the best trading strategy to catch the big bullish trend of BTC.

And there are 2 support including $50950, $50348 currently.

Watch out fake breaks.

Not Financial Advice.

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