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YourImagination

BTC 40,000 Resistance

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
YourImagination  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Support and Resistance Candlestick Analysis Flag bullflagpattern BTCUSD BTC LONG 40000 consolidation Bullish Patterns buyingpressure
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supportandresistance candlestick flagpattern bullflagpattern btcusd btc long 40000 consolidation bullish buyingpressure
$40,000 seems to be the level to beat for BTC but as we just saw in a matter of minutes accumulation occurred below the $38k mark confirming again the massive bull flag formation. I believe with that flash buy sellers are being worn out by the hour. We can also see BTCUSDLONGS is picking indicating further buying from traders as well as long term buyers. Accumulation and other on-chain factors point only upwards. Wait for daily close.


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