BTC/USDT Keep falling
Looking at the chart for the BTC/USDT pair in the weekly period, we can clearly see that it will continue to lose value for a few more weeks. For now, EMA 20 has been acting as a support since it was recently tested. I believe that it will test this EMA again.
BTC broke the downtrend line in June, had an optimum bullish period and is now showing the possibility of returning to it in the next few weeks and could even reach the 7150 USDT and then return. This can be confirmed if EMAS 20 and 100 are negative.
In advance, the WT CROSS indicator is indicating more loss of value because it is negatively crossed and has a lot of room for correction.
Now, in my opinion, it's time to stay out and just watch ...
Good luck to everyone!
BTC broke the downtrend line in June, had an optimum bullish period and is now showing the possibility of returning to it in the next few weeks and could even reach the 7150 USDT and then return. This can be confirmed if EMAS 20 and 100 are negative.
In advance, the WT CROSS indicator is indicating more loss of value because it is negatively crossed and has a lot of room for correction.
Now, in my opinion, it's time to stay out and just watch ...
Good luck to everyone!
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