$BTC Bitcoin Analysis BTC/USDT
The downtrend in Bitcoin continues. It is not good for now.
Important Resistance $59,202 (Breaking the downtrend here)
Intermediate resistance $58,781 (Area with few sellers)
Important bottom support $57,030 This has been tested before.
As you can see in the chart, the level I determined as Important Resistance is $59,202. As long as Bitcoin does not rise above this resistance, it is quite dangerous to open a long or buy from the spot side. I do not recommend it. Again, you know
Keep in mind.
No matter which coin is in a downtrend, no purchase is made, no long is opened. Because since there is a downtrend, there is generally no support, no demand or very low purchases from the spot side.
In this case, I do not recommend buying until the uptrend starts, that is, until Bitcoin raises its head. Do not listen to those who say bull. Always keep your pockets safe.
CryptoPNZ
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