BTC/USDT update (06/23) Current price : $32300 ⇨ We are not | Trader Square® - Fintech

BTC/USDT update (06/23)

Current price : $32300

⇨ We are not going to get too excited too soon but the long awaited defense of the key area on BTC was done cleanly today.

⇨ We voluntarily stayed in observation of the bearish movement but also the rebound. The buyback happened, a number of long never seen opened on ETH and the June 25 options close is likely to release this unbearable selling pressure that we have been experiencing for several days/weeks.

⇨ If we have a bottom here, confirmed in January and then several times in May and today, the market will become very attractive again.

⇨ China has created an incredible FUD even as El Salvador adopted BTC as its national currency. This context is perfect to put a bottom once again on the level of institutional entry.

⇨ Let's remain vigilant despite everything. The market may come to retest the area once again and thus lay a local double bottom.

Chart : https://www.tradingview.com/x/yCAbHBvT/

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