Market Analysis of BTCUSDT on Wednesday 8 JANUARY 2024

2025-01-08 17:20Fonte:BtcDana

 BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    

BTCUSDT  running in  downtrend and now it can fall  towards 91500 level with stop loss 98500 shown in chart .  Intraday purpose selling is better for targets 95800, 95600 and 95000 levels respectively with stop loss 98500 level. Intraday resistance area are 97000 to 98000 level .


QUICK FUNDAMENTAL LOOK                                                                    


Bitcoin prices have slumped back into five-figure territory, with the asset hitting an intraday low of $95,164 during early trading in Asia on Wednesday following a fall of almost 6% in 12 hours, according to CoinGecko.


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

Mais