Bitcoin / TetherUS

Bitcoin Update Btc/usdt

60
MARKET UPDATE: BTC

It is currently at the 2nd bottom support and if it holds above it, we might see a good upward move from here.

The confirmation point of this move is the neckline of double bottom which is at 60K and once the price breaks the neckline with a candle close above that region we can expect the targets of this move to 66K.

If on the other hand, BTC breaks below our current support level with a 4H or Daily candle close below $55,400, then we can expect the drop in price to the next support level of 53K.

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