BTCUSDT : How to trade ?
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Currently, BTCUSDT is trading around 65,970 USDT, with strong support around 65,443 USDT and 65,200 USDT. The chart indicates that Bitcoin's price is consolidating within a narrow range and may form a correction zone before continuing its upward trend.
Key factors:
Support zone: 65,443 USDT and 65,200 USDT.
Resistance zone: 66,400 USDT.
Prediction:
Upward trend: If the price holds above the 65,443 USDT support zone and shows strong bullish signals, it is likely to break the 66,400 USDT resistance and move higher, potentially reaching 67,000 USDT.
Correction trend: If the price fails to stay above support, BTC may retest the deeper support at 64,655 USDT before showing signs of recovery.
Preferred trend: BTCUSDT may see a slight correction towards the support zone before continuing its upward movement, aiming for 67,000 USDT.
Key factors:
Support zone: 65,443 USDT and 65,200 USDT.
Resistance zone: 66,400 USDT.
Prediction:
Upward trend: If the price holds above the 65,443 USDT support zone and shows strong bullish signals, it is likely to break the 66,400 USDT resistance and move higher, potentially reaching 67,000 USDT.
Correction trend: If the price fails to stay above support, BTC may retest the deeper support at 64,655 USDT before showing signs of recovery.
Preferred trend: BTCUSDT may see a slight correction towards the support zone before continuing its upward movement, aiming for 67,000 USDT.
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