BTCUSDT has been on consolidation since after the crash of BITCOIN to 40761.56. Now our next point of interest is the 42986.37 zone, when market gets to that level there's a high chance that the BTCUSDT market will retest the zone and continue it trend to the upside. Another confirmation is the moving average, if the market closes above the 2 moving averages is also a good indication that the Bulls have taken over the market again and the 45346.35 zone which is the next resistance zone can be use as the take profit zone.
📊QUICK FUNDAMENTAL LOOK
Bitcoin price started a major drop below $44,000 after rumors of spot ETF rejection. BTC dived over 10%, but the bulls are still protecting the $40,000 support.
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