BTCUSDT 1W

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BTCUSDT 1WBitcoin / TetherUSBINANCE:BTCUSDTPrime-trading-houseBitcoin is moving inside an uptrend channel and just hit the top. So we might see a short-term pullback before it gears up for a bigger move and possibly a breakout. With last week’s rate cut — and the expectation that more cuts could follow in the coming months — the bigger picture still looks bullish for Bitcoin, giving it room for more upside. As you can see on the chart, every time we had a correction, the Fibonacci retracement zones worked perfectly as support. Chances are, this time won’t be any different.