Hello traders! Let's dive into some analysis and strategy planning for BTCUSDT together!
bitcoin
For this session, I'm focusing on the 1D chart, where we can clearly see that BTCUSDT is moving in a distinct downtrend within a parallel channel, and any signs of bullish momentum are fading.
The current price sits at $54,800, and sellers seem to have the upper hand. Our strategy is simple: "stick with the trend," so selling remains our priority.
What about you? Do you think it's time to sell BTCUSDT? Share your thoughts in the comments below. Good luck! ( bitcoin ) #CryptoMarketMoves #bitcoin #Write2Earn! $BTC