Hello !!
Welcome to the quick update of BTCUSDT. It is moving in a downtrend since 28th March. As of now, it is oscillating in the range of 39k to 43k. In a shorter timeframe, it is making a W pattern where we may soon see a bounce to 41k. As of now, the price is 39300, and we expect it to take a bounce from here and reach 41000 then 43000 which is the major resistance.
If BTCUSDT goes further down i.e. breaks the support of 39200, we may soon see 38000 which will bring a blood bath in all the altcoins. As of now, it's a no-trade zone for me, lets's see how this pans out. Please save your capital and wait for the confirmation to take new trades.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.