ndogg776

$ BTC vs USDT in 4h. 13 May 2021

BINANCE:BTCUSDT   Bitcoin / TetherUS
Tesla postpones receiving payments in Bitcoin and causes a considerably bad fall in Bitcoin

Bitcoin drops around 24% to$ 46,000 and recovers 8% to 50,000 after Elon Musk tweeted that Tesla will not accept it as payment for its environmental impact from mining.

Probability 1. (50% occurrence): Consolidation between $50.000 to $ 53.000 to break the resistance of $ 54k - $55.5k in the next weeks or months

Probability 2. (25% occurrence): break the last resistance in 4 hours of $ 55.000 and go up to $ 59k - $ 61k while maintaining the price

Probability 3. (25% occurrence): Fall sharply and quickly to $ 50.000 and if bitcoin fails to consolidate at this price, the next drop is to $ 45.000

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