BTC/USDt Update 10:00 a.m. Wednesday March 9, 2022. Bitcoin is now trading at $42230—about a 9.2% gain so far today. This is a nice move but still short of the 45400 resistance. If the move from the 32917 Jan 23 low is a triangle, then we can expect a drop in price soon. A move above the 45400 from here will
The juncture warning of a triangle but the structure below Minuette degree counts both ways and look better as impulses. Regardless, price has been contracting since the 33329 Jan 24 low.
Resistance: 45400 Minuette (b) high. Support: 37155 Mar 6th Minuette C low, 34322 Feb 23 Minuette (a) low
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