mathewsverghese

BTCUSDT - oCTOBER 6, 2021

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC broke through the 50 k level after testing it numerous times. It also went all the way up to 51.5 k almost..we are now around the 51 k level.. we may move sideways making this level into support. The BTC D is high. Therefore, we may not see many alts take of for now..

BTC is likely to consolidate around this range now.. However, we are in the uptrend but a small pull back is expected. a pull back to maybe between 49K- 51K and consolidation before NeXT leg up to around 53k is a good thing.

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