BTC/USDT overview
BTC Overview
The market continues to show weak and low volatility/volume on the Bitcoin which is not good sign for it. As right now we are sitting at $23750 which is working as a small support zone but we see how weak it is so there are chances that is could break down and go for a search for better support zone such as $22700 zone.
Of course we could see a big volume and if that would lead to reaching
25K zone and breaking it then our next stop would be at 28K-29K. According to current Bitcoin state, we are going lower and we think that it will soon form some kind of trading range before the final breakdown of the $24.750 resistance.
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Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
The market continues to show weak and low volatility/volume on the Bitcoin which is not good sign for it. As right now we are sitting at $23750 which is working as a small support zone but we see how weak it is so there are chances that is could break down and go for a search for better support zone such as $22700 zone.
Of course we could see a big volume and if that would lead to reaching
25K zone and breaking it then our next stop would be at 28K-29K. According to current Bitcoin state, we are going lower and we think that it will soon form some kind of trading range before the final breakdown of the $24.750 resistance. If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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