BTC/USDT(4hr); Resistance of $39,000
As you know, Bitcoin has faced a strong resistance after the price increase from the bottom of the channel from $ 29,000 to $ 39,000.
On January 21 and June 2021, Bitcoin could not overcome this resistance and experienced a price reduction of up to $ 28,000. This means that the price may not be attractive to buyers and cause a reduction in price.
Also, if the price stabilizes above $ 39,000, we will face resistance from the midline of the channel, which may reduce the price from 46 to the next support, which is probably $ 42,000.
Thank you for your attention.
On January 21 and June 2021, Bitcoin could not overcome this resistance and experienced a price reduction of up to $ 28,000. This means that the price may not be attractive to buyers and cause a reduction in price.
Also, if the price stabilizes above $ 39,000, we will face resistance from the midline of the channel, which may reduce the price from 46 to the next support, which is probably $ 42,000.
Thank you for your attention.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.