BTC MOVING IN A RANGEBOUND! WAIT FOR THE BREAKOUT!!

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Welcome to this BTC /USDT update. BTC is moving in the same range for many days. It is ranging between 37k-42K

ATM, BTC is trading inside a descending triangle in 3hr time frame. It is trying to break the 100ma but failed every time.

IMO we have seen this sideways movement for some more days and once it breaks the triangle it will test the 45k-46K level.

On 15th-16th March Fed meeting is going on where we might see some positive or negative news that will impact the price so it's better to stay away from leverage this time.

Hold your BTC and some good altcoins on spot.

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