BTCUSDT Analysis

1 Haz 2023

We saw big bullish of BTC. end of the week we have interesting moment of BTC, its 19th day BTC is in flat we had a lot of touches and lot of liquidations, at least we are in bear and its showing us Trend Line and 200 MA, our trend is below of this 2 thing and its continue moving, what I need to see here is brake support or resistance for make sure which way will chose market to go, but in my opinion BTC bearish because USDT Dominance is going up, on USDT Dominance 1D chart we saw double bottom and broken trendline, ( I have analysis of USDT Dominance you can see that in my ideas) I am going to short BTC for 3 reason, First - last month we have bearish scene, Second - we saw aggressive touch of Bearish Trendline and Resistance zone, Third - USDT Dominance bullish scene.