Bitcoin technical analysis. BTC-USDT on December 09, 2018December 9, 2018
The area below 3500 forms the ground for a rebound, higher minimums show a positive signal for the market and if we manage to overcome the resistance of a downtrend, then we should expect a more bullish pattern of price movement. At the moment, the recent lows around 3200-3300 show good support, but there are still no exact signs of a reversal, although we are clearly close to this. Be careful and watch the market, a breakdown of downtrend resistance can be quite impulsive, but in case of failure, Bitcoin can easily go lower. In the case of a positive potential to reach 5000 is still relevant.