BTCUSDT Bullish Energy Increasing Here

Hello traders, let’s talk about the bullish momentum coming into BTCUSDT.

BTC’s price recently 🚀 up +2% in less than 15 mins sending price back to 40,000. Typically, a move of such magnitude tends to pullback making higher lows before testing previous highs. This would be a healthy move for the bullish reversal.

Traders should look for the 50 simple Moving Average to hold as support. Price should then push to test the supply zone (421500-44k) above.

This trend analysis is not to be taken as financial advice; always do your research.

Questions are welcome in the comments below.

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bitcoinforecastBTCUSDTTrend Analysis

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