Hello everybody,
Analyzing the BTCUSDT chart on the week we can immediately see that we are in a very delicate situation, the fact that there has not been a real bounce touching last ATH is worrying, on the other hand it must be taken into consideration that the weekend there is always a shortage of liquidity, so beware of the weekly close and next week's opening.
If this support doesn't hold I think the price will slide very fast to 10-12K which is the biggest support right now.
Analyzing the BTCUSDT chart on the week we can immediately see that we are in a very delicate situation, the fact that there has not been a real bounce touching last ATH is worrying, on the other hand it must be taken into consideration that the weekend there is always a shortage of liquidity, so beware of the weekly close and next week's opening.
If this support doesn't hold I think the price will slide very fast to 10-12K which is the biggest support right now.
Comment:
bounced :)