BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT running in negative trend and its immediate strong resistance are 58684 to 59422 level . Stop loss is 60650 level and it can fall towards 56000 level in short term because of wave 5 extension . Intraday purpose selling is better for targets 58650,58500 and 58300 levels respectively with stop loss 60650 level .
QUICK FUNDAMENTAL LOOK
The odds of a higher-than-expected 50-basis point Federal Reserve rate cut have now skyrocketed to 55% on the popular cryptocurrency-powered betting site Polymarket.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .