BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT running in positive trend and its immediate strong support area are 100450 to 101850 level . Stop loss is 100000 level and it can rise above 105300 level in short term in form of wave 5 . Intraday purpose buying is better for targets 103000, 103200 and 103500 levels respectively with stop loss 100000 level.
QUICK FUNDAMENTAL LOOK
Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fuels expectations that his administration will usher in a friendly regulatory environment for cryptocurrencies.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .