BTC/USDT 2 HOUR ANALYSIS

28 Şub 2022

Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.

BTC fell yesterday because of Putin's tweet. now it is having $38800 as a resistance.

First scenario: if BTCUSD break and close above the 39.5k-40.5k level then we are expecting The first Bounce up to 45k level.

Second scenario: here we have $38800 level as local support if BTCUSD break and closes downside this level then we are expecting a drop up to $36500.

here we have 100 ma as a local resistance.

Let's see what happens. Also, keep a close eye on war-related news because if Putin really starts nuclear war then no one has any idea what's going to happen.

What's your thought on this?
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Thank you


#PEACE

28 Şub 2022

Not

USDT DOMINANCE UPDATE

28 Şub 2022

Not

BTC has bounced as expected. but it still does not break the $39.5 - 40.5k level.
It needs to break the level to remain bullish.
Let's wait and see how the 4-hour candle closes.