Market Analysis of BTCUSDT on Thursday 23 May 2024

2024-05-23 17:24Source:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW     

  BTCUSDT running in positive trend and its immediate strong support are 67500 to 69200 level .  Stop loss is 67000 level and it can rise above 73765 level or higher levels .Intraday purpose buying is better for targets 69900,70100 and 70300 levels respectively with stop loss 67000 level .

 QUICK FUNDAMENTAL LOOK                                                                     

A potential return of Bitcoin to $73,000 could mark the beginning of the asset’s acceleration to “escape velocity,” according to a crypto analyst. 

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

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