#BTCUSDT Short-term update

7 Mar 2024

#Bitcoin has broken above its resistance level and is currently undergoing a retest. This suggests that there may be a potential for a push in price leading to a break above its all-time high.

However, there is also some indication of bearish divergence.

The price action has been choppy and has resulted in liquidity being taken out on both sides. The only anticipation at this point would be for a bullish structural break, indicated by the daily close that was slightly above the zone.

Stay tuned for more updates.
#DYOR BTC BTCUSDT BTCUSD

8 Mar 2024

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BTC BTCUSD BTCUSDT
The price of #BTC has surged above the $65,000 level and is currently facing significant resistance. Despite this, the market structure remains bullish and we anticipate a break soon. However, it's worth noting that the weekly is approaching the new Daily Resistance, which could lead to some consolidation.

Stay tuned for more updates
#DYOR