#BTC/USDT ANALYSIS#Bitcoin is currently #trading around a strong key horizontal S/R level, where the 200 Moving Average is acting as solid support. As observed in the past, a similar scenario has already played out. As long as price continues to hold above this level, a strong #bullish rally can be expected. This zone is very important for the next directional move, so keep a close eye on price action here. #Crypto $BTC
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#BTC/USDT ANALYSIS#Bitcoin is currently #trading around a strong key horizontal S/R level, where the 200 Moving Average is acting as solid support. As observed in the past, a similar scenario has already played out. As long as price continues to hold above this level, a strong #bullish rally can be expected. This zone is very important for the next directional move, so keep a close eye on price action here. #Crypto $BTC