BTC/USDT is facing rejection near the first liquidity zone and is currently retesting its trendline support on the 1D timeframe. Overall, there is a gap around $64k that the market should ideally fill. However, at the moment, the market should create a wick below $66,500, from which a slight recovery is expected.
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Bullish
BTC/USDT has already broken out of the bull flag pattern and confirmed it on the daily timeframe. We can expect the market to move towards the first liquidity zone.
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