🟡 BTC/USDT -0.42% | Calm Before the Movement
The Bitcoin/USDT pair registers a slight decline of -0.42%, reflecting a day of consolidation in the market. While traders observe cautiously, the indicators show mixed signals:
📉 Key Support: $59,800
📈 Immediate Resistance: $61,500
🔍 What is Influencing?
Low volatility in the macroeconomic market
Expectations of new regulations in the U.S.
Accumulation of BTC by long-term holders
💡 Strategy for Binance Traders:
Scalping in narrow ranges
Use of limit orders and adjusted stop-loss
Closely monitor breakout zones for potential strong movements
⚠️ Watch out for false breakouts. The market is calm, but an external catalyst could quickly change direction.
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