BTC-USDT 1D Looks bearish... it will probably be bearish
2024-12-07

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

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BTC-USDT 1D Looks bearish... it will probably be bearish

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.


I'm not going to go into details. BTCUSDT broke the resistance zone and as we all know it surpassed the 100K level.

For BTC to continue rising, it needs gas, and that gas is in all the SLs below.

My strategy at the moment is to let the corrective movement take place and test the resistance to get back into a bullish position on the rebound.

Good luck to everyone in your decision making :)

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I share with you my technical analysis assessments on certain values ​​that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)