Btcusdt updated
Bitcoin / TetherUS BINANCE:BTCUSDT
On my previous analysis on BTC a week ago or so (you can check it in my profile)
Btc will pump from 38k to 45k before being rejected and going back inside the ascending triangle to find support on its base before bouncing to 45k again and break the resistance.
Daily rsi as shown did break its resistance.
My thoughts are daily rsi will bounce back and finds support on its trend before bouncing to the overbought area.
Meanwhile btc will go to 40k area or so at the base of the triangle take it as a support before breaking the resistance at 45k-46k targeting 52k .
