Market Analysis of BTCUSDT on Tuesday 28 Friday 2024

2025-01-28 18:47Source:BtcDana

 BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BTCUSDT can rise towards 106000 with stop loss 99500 level in short term .Immediate strong support 100000 to 120000 level and it can rally towards 106000 and then 112000 level in short term .Intraday purpose buying is better for targets 103300, 103600 and 104000 levels respectively .


QUICK FUNDAMENTAL LOOK


    While buying Bitcoin or a Bitcoin ETF gives direct exposure to the cryptocurrency, MicroStrategy shares are more of a proxy that can correlate at times to the changing value of Bitcoin but in an indirect way.


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

More