The BTCUSDT pair is in a downtrend in both 4-hour and daily time frames. During some moments today, the pair reached a two-month-low price at $89,000. The first resistance level after the current zone is located in the $94,000-$95,000 range, with the strongest support zone between $85,000-$86,000. Against that, there is a prominent upward trendline; the first...
The channel's upper band and the static support level dosen't hold and push the price back up, we can confirm this as a faild breakout.
The Gold has a divergence on the 4 hour chart, which is expected to deflate this bubble soon.
BTT vs USDT Trend line Analysis in hourly (1hour) timeframes. BINANCE:BTTUSDT