2023-04-12 08:37:41
#BTC analysis and predication
new update 4h
12.03.2023
#ANALYSIS
BTC starts taking correction after hitting $30.5k level. As you see in the chart a retest of the channel still pending so a good retest and bounce from the channel ($28.7k) will be perfect scenario from here.
Also, BTC.D broke the weekly resistance which is not a good sign for Alts. Still, we have 4days left in weekly close. If we get a close above the resistance than next stops for dominance are 52.8 and 58 levels.
Today CPI data will also come. So overall it's better to wait for some time before taking any action.
Let's see how CPI data will come.
Stay tuned and pin our channel at the top for further updates.
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