Bitcoin / TetherUS

BTC short term view

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BTC / USDT

After the massive drop of market in 13th april
The market turned to be range market with slightly bearish in short term

However in med - long term i still see it very bullish specially after the halving event that occurred 4 days ago

In the coming days/ weeks we can see BTC is testing 60k zone multiple times with some fakouts here and there
However if BTC able to close weekly above recent ATH we will see market turn strong bullish again

Until that we still in this range …
In this range try to avoid overtrading / fomo / panic selling
Long term trades are fine
Short term trades with strict risk management and stoploss are fine too

Best of wishes

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