BTCUSDT has officially broken above a long-standing resistance channel, confirming a breakout and establishing a base around the nearest Fair Value Gap. The price action maintains a clear uptrend structure with consecutive higher lows and higher highs, supported by consistent buying pressure after minor pullbacks.
In terms of news, the U.S. decision to temporarily delay stricter regulations on spot Bitcoin ETFs, along with stable interest rate signals from the Fed, has boosted market sentiment. Capital continues to flow into crypto, especially as altcoins show limited recovery, making BTC the preferred asset.
As long as BTCUSDT holds above the nearest support zone, the pair is likely to advance toward the next psychological resistance. Any pullbacks could offer a buy-on-dip opportunity in line with the current trend.
In terms of news, the U.S. decision to temporarily delay stricter regulations on spot Bitcoin ETFs, along with stable interest rate signals from the Fed, has boosted market sentiment. Capital continues to flow into crypto, especially as altcoins show limited recovery, making BTC the preferred asset.
As long as BTCUSDT holds above the nearest support zone, the pair is likely to advance toward the next psychological resistance. Any pullbacks could offer a buy-on-dip opportunity in line with the current trend.
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Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
🔥 High-quality signals – Win rate up to 85%
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⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.