BTCUSDT Analysis February 28, 2023

We are still Bullish on Bitcoin, BTC; since mid January 2023. Staying above the Daily Downtrend Line, moving past those dashed 3HR Resistance Lines, and then the ($19,620) line/area becoming Support on the Daily...very excellent technical news.

We had a Bull Flag formation that we moved up and out of and still staying above the Weekly Downtrend Line. ($22,000) is a very strong psychological area and the next level to move past is ($23,830).

BTC is down around 77% since the ATH, down 62% since the ($40,700) Support Area, and 25% since the news in November regarding the scum bags. Bitcoin and the Blockchain technology are way too powerful though, we were up over 30% in just a few weeks!

Not Financial Advice...Trade with Confidence and Control.