Market Analysis of BTCUSDT on Wednesday 23 May 2024

2024-05-23 00:55Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW     

  BTCUSDT running in positive trend and its immediate strong support are 67500 to 69200 level .  Stop loss is 67000 level and it can rise above 73765 level or higher levels .Intraday purpose buying is better for targets 70200,70400 and 70600 levels respectively with stop loss 67000 level .

 QUICK FUNDAMENTAL LOOK                                                                     

The global digital assets market is riding high on bullish sentiment building around Bitcoin investments. However, it is mostly driven by increasing inflows into spot Bitcoin exchange-traded funds (ETFs) and favorable trading conditions.Bitcoin ETF sees massive outflow.

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

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