#BTCUSDT at decisive point. Triple bottom in play?
Bitcoin / TetherUS BINANCE:BTCUSDT
42k is a crucial level for BTC to hold.
Triple bottom formation in play.
Bullish divergence in RSI .
If the triple top in USDT Dominance works out.
We are likely to bounce from here.
But it’s always better to stay extra careful when you are trading a market that never sleeps.
Close below $40.9k will tigger a rally towards 38k which has been plotted as scenario (LESS LIKLEY BUT POSSIBLE)
Let me know your thoughts.
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Thank you
#PEACE
