BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT is running in negative trend and its immediate strong resistance are 62424 to 62819 level .Intraday purpose selling is better with stop loss 63000 level expecting intraday target 61700,61600 and 61400 level respectively.It can fall below 60750 in very short term with stop loss 63000 level because it made abc pattern shown in graph .
QUICK FUNDAMENTAL LOOK
Technical analyst Rekt Capital suggests that Bitcoin has emerged from the post-halving “danger zone” and entered an accumulation phase, as indicated by weakening selling pressure.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.