BTCUSDT has broken the bearish trendline resistance, and now BTCUSDT seems to be making a short term bullish move. I predict the bullish movement of BTCUSD will reach the 53677.06 - 52630.94 area for two reasons.
First, there is minor resistance in that area. Second, both Fibonacci Expansion and external Fibonacci retracement golden ratio create a cluster area around the area. So based on these 2 views I assume BTCUSDT will continue its short term bullish run.
First, there is minor resistance in that area. Second, both Fibonacci Expansion and external Fibonacci retracement golden ratio create a cluster area around the area. So based on these 2 views I assume BTCUSDT will continue its short term bullish run.