BITCOIN Update 23rd Sep. 2021
Traders Perspective
BTC/USDT 4H Chart
As Expected, reaction from our 40k support is apparent but sellers are still with the ball, this major sells came in from 53k because buyers were weak and unable to breach Previous ATH of 64k, in which buyers need more sellers to buy from,
Now we want to see sellers try to break below 40k and fail or rather try to create a lower low, fail multiple times and grow weak in the process, if we see this happen, then we should start preparing to take Long positions..
we may likely see bitcoin at $100,000 but not ant time soon
Trade safely