My trading opinion for BTCUSDT is bearish. I am observing negative signs of a price decline for BTCUSDT as there are indications of a downward trend. A retracement like the Fibonacci levels could potentially bring BTCUSDT down to the round number of $32,000 or test the previous support level at $31,500.
Although my opinion is bearish, I still have high expectations for a long-term breakthrough and price increase in the future. The price decline may serve as a corrective phase before a strong upward trend from the $26,000 level.
Although my opinion is bearish, I still have high expectations for a long-term breakthrough and price increase in the future. The price decline may serve as a corrective phase before a strong upward trend from the $26,000 level.
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