Market Analysis of BTCUSDT on Thursday 14 September 2023

2023-09-14 13:41Source:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW      

 BTCUSDT has strong support 25100 to 27400 levels and it can rise towards 32000  levels sharply without touch 23200 level positionally very soon .Overall trend is positive and irregular correction at top so 32000 level will come very sharply.Intraday purpose last low 25900 is stop loss for upside direction and 26350,26450 and 26600 targets respectively.

 QUICK FUNDAMENTAL LOOK                                                                     

Data shows the Bitcoin Net Taker Volume has turned significantly positive recently, a sign that may be bullish for the asset.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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