Weekly Support & Resistance Zones for BTCUSDT on Binance (01/13)
As I was expected last week, BTCUSDT reached the 7750 minor resistance level and closed above it on January 6. The bullish momentum continued on the next day and it reached the 8275 resistance territory. However, BTCUSDT was losing its steam and unable to close above the resistance level for the remaining days of the week. If BTCUSDT manages to close above the 8275 resistance zone and the bullish momentum resumes, the next target would be the 9050 resistance level. Otherwise, it may retrace to the 7750 minor support.
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