Market Analysis of BTCUSDT on Monday 9 DECEMBER 2024

2024-12-09 17:39Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BTCUSDT  running in negative trend and its immediate strong resistance area  are 99121 to 99550 level .  Stop loss is 100000 level and it can fall  towards 98000 level in short term because of wave c or wave 3 is going on current pattern . Intraday purpose selling is better for targets 98850, 98700 and 98500 levels respectively with stop loss 100000 level.


QUICK FUNDAMENTAL LOOK                                                                    


Crypto analyst Tony Severino has revealed that the Bitcoin price bull run could end as soon as January 2025. The analyst further projected that BTC will top below $150,000 as its bull run ends by next month.


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

Mais