Bitcoin / TetherUS
Long

Lingrid | BTCUSDT Sideways Movement Continues

1137
BTCUSDT market continues to consolidate. A glance at the weekly candle reveals multiple doji patterns that shows low momentum and sideways move. The price formed a triangle formation and broke above it. Additionally, it moved above the downward trendline that has served as dynamic resistance since the beginning of this month. I expect that the market may continue to move sideways, potentially until the end of February. If the price makes a false breakout below last week's low, we could see a bounce and a retest of the level just below the psychological level of 100,000. My goal is resistance zone around 99,000


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