Up-to-date analytics on the # BTC / USDT

Up-to-date analytics on the # BTC / USDT market

Today, BTC was able to successfully gain a foothold above the 35,000 level, although entering the long at the moment can be viewed as an aggressive decision.
Until the price trades above 34500 for at least 1-2 days, it is more likely that this growth can be considered as a hike for liquidity in the 35000-38500 zone, for a subsequent price dump (in the context of the global correction movement from 41950).

Once specific lows and highs are drawn in the 35000-38500 range, it will be possible to try long or short on a breakout of the corresponding high or low. Other action scenarios now look too unreliable.

The positive news background (the purchase of MicroStrategy for $ 10 million, the entry into the BlackRock bitcoin futures market, etc.) does not in any way negate the opportunity to once again cleanse the market from excessive leverage.