BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in positive trend and stop loss is 61300 level . It can rise towards 75000 level .Intraday purpose buying is better with stop loss 61300 level expecting intraday targets 65000 , 65200 and 65500 levels respectively .Strong support area is 63000 to 65130 level . Wave 5 can take bitcoin towards 75000 dollar level from this major support .
QUICK FUNDAMENTAL LOOK
Bitcoin bulls have started to push the price higher after yesterday’s minor price dip. They have been showing great interest as the trading activity is surging today. It is a watershed moment as the BTC price needs this backing from bulls on the market.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.