Bitcoin / TetherUS

BTCUSDT

351
This is a 1D frame analysis for BTCUSDT As expected, after bouncing off the support line, the price encountered the first resistance line and started to move upwards. As per our previous analysis, we expect it to reach the desired line and then, after demand, to move powerfully towards the resistance lines. Keep in mind that after the price bounces off the demand line of Bitcoin, it will stabilize above it and keep an eye out for the consolidation patterns that may provide support and cause the price to slowly go up after a short spike. We can then take advantage of this by making a ladder buy. Investors should definitely adhere to this and make ladder buys.

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