Market Analysis of BTCUSDT on Friday 13 DECEMBER 2024

2024-12-13 17:50Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BTCUSDT  running in negative trend and its immediate strong resistance area  are 100070 to 100544 level .  Stop loss is 101000 level and it can fall  towards 99200 level in short term because of double zigzag correction pattern made at 99200 level . Intraday purpose selling is better for targets 100000, 99900 and 99700 levels respectively with stop loss 101000 level.


QUICK FUNDAMENTAL LOOK                                                                    


Bitcoin has returned back above the $100,000 mark as on-chain data shows capital continues to flow into the asset at a rapid rate.


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

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