#BTC/USDT 4 hours
Bitcoin is now testing the $21,300-$21,600 support area. I think it is very safe here. RSI shows a bottom divergence, and the pin is also called. As long as the closing price is not lower than 21300-21600, this framework will not be broken.
There are two possible scenarios: A bounce from here to the resistance at 22,500. The second scenario is when the price breaks below 21,300 and we see the price moving towards the 20000 area. The second one is unlikely to happen, because mainstream currencies will rebound from the bottom divergence. #crypto2023
Bitcoin is now testing the $21,300-$21,600 support area. I think it is very safe here. RSI shows a bottom divergence, and the pin is also called. As long as the closing price is not lower than 21300-21600, this framework will not be broken.
There are two possible scenarios: A bounce from here to the resistance at 22,500. The second scenario is when the price breaks below 21,300 and we see the price moving towards the 20000 area. The second one is unlikely to happen, because mainstream currencies will rebound from the bottom divergence. #crypto2023