BTCUSDT $44150 Quick Update before the ETF Outcome Jan 05 2024
Bears have been holding the 45 resistance over the last 30days, since Dec05 2023.
Bulls are slightly lacking momentum to breakout above the 46k. However, still maintaining a solid ground above the D21ema.
In the short to medium term, the Key level of supports for bulls in the upcoming days/weeks will remain the 3D21ema (40K as of now) and the W21ema (36k as of now)
The upside resistances are 52k and 57k (0.786)
Bulls are slightly lacking momentum to breakout above the 46k. However, still maintaining a solid ground above the D21ema.
In the short to medium term, the Key level of supports for bulls in the upcoming days/weeks will remain the 3D21ema (40K as of now) and the W21ema (36k as of now)
The upside resistances are 52k and 57k (0.786)
