Bitcoin / TetherUS

BTC/USDT (Minimum target hit at 15k)

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💎Technical Analysis Summary💎


BTC/USDT

-Due to the recent crypto space event BTC price is highly affected
-The bulls failed to defend the daily critical support region at 18k dollars
-The price pierced into and hit the minimum target of this consolidation range at 15k dollars
-We might see a temporary halt of the selling pressure and see a relief bounce
-But the market sentiment is still not clear what will happen for the next few days
-I have been stopped from my trades hitting my trailing stops and SL levels.
-Since I follow strict risk management, this drop is only minor to no damage to my account
-I'm still in good profit since the September altcoin bullish run
-I hope everyone is doing the same thing and using stop-loss on every trade
-I will try to update and share some altcoins showing vital signs despite this market crash

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