BTCUSDT Forms Rounding Bottom
2024-11-04

BTCUSDT Technical analysis update

 CRYPTOCAP:BTC  has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a strong bullish move can be expected.

