BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT running in positive trend and its immediate strong support are 62283 to 62808 level . Stop loss is 62000 level and it can rise towards 64200 level .Intraday purpose buying is better for targets 63150,63250 and 63400 levels respectively with stop loss 62000 level .Wave 3 is running and it can also jump towards 72000 .
QUICK FUNDAMENTAL LOOK
A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .