BTC/USDT (New All Time High)

💎Technical Analysis Summary💎



BTC/USDT

-Bitcoin broke another All-Time High today at 54k dollars
-The previous resistance of around 50k dollars is retested as new support
-The price bounces up with the confluence of 20 Moving Average
-If the Bulls can send more follow-through in the coming hours
-The potential next target is 56k to 57k dollars
-Please don't short the market especially there is no resistance ahead
-Some altcoins might pullback due to money flow transfer back to BTC
-Be ready with your Altcoins because once BTC starts to a pullback or consolidate
-Strong Altcoins will start moving up again and faster



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