BTC/USDT (Breakout or Down?)

💎Technical Analysis Summary💎



BTC/USDT

-Bitcoin in the short term is currently respecting the 20MA in the 4H timeframe
-The price bounce back up after few minutes of trading
-Currently, it is testing its recent All-time high price of around 58k dollars
-Can we see Bitcoin reach new price discovery? or form a double top reversal?
-This is a battle between Bulls and Bears within 24-48 hours
-For me, as long as the fast-moving average 20 is holding, I'm leaning towards the bull
-Unless we close and rejected by the 20MA, then my bias will shift to the downside
-Please plan your next trade and always follow your trading rules
-We will see a breakout soon, watch the market carefully




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