Market Analysis of BTCUSDT on Thursday 12 DECEMBER 2024

2024-12-12 20:57Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BTCUSDT  running in positive trend and its immediate strong support area  are 98870 to 99618 level .  Stop loss is 98500 level and it can rise towards 102000 level in short term because of wave c or wave 3 is going on current pattern . Intraday purpose buying is better for targets 100800, 101000 and 101300 levels respectively with stop loss 98500 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 .

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