BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in positive trend and stop loss is 49000 level . It can rise towards 75000 level .Intraday purpose buying is better with stop loss 49000 level expecting intraday targets 55400 , 55700 and 56000 levels respectively .Strong support area is 52000 to 60500 level . Wave 5 can take bitcoin towards 75000 dollar level from this major support .
QUICK FUNDAMENTAL LOOK
Although there has recently been a notable decline in the price of Bitcoin, there are indications that a significant upswing may be imminent.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.