Bitcoin | Holding the Crucial Support..!!

BTCUSD (update)


Bitcoin has still inside the Ascending Channel, So far We're Safe,

Inside the Bigger Channel, There is a Descending Channel As Well.


Bullish Scenario..!!

If Bitcoin Bounced Back from Here & cleared the 9.6k Resistance too, Bitcoin Might test the 10.8k Area.


Bearish Scenario..!!

In Bearish Case, If Ascending Channel Broken Downside, Bitcoin Might Crash Hard in July & test the 7.4k Area Support.


In Short, Below 8.8k Bitcoin Will be Bearish & Above 9.6k Will be Bullish.






Yesterday, Bitcoin Bulls lost the Key Support (9090) But Still Moving inside the Descending Channel.

Still I'm Expecting Bullish Move Because Bitcoin CME Futures Closed at 9220 ( +250$ Price gap so far)



In 12h Chart, Pennant Broken Down But Still Holding the EMA200 (Major Support)

In Bearish Case, Bitcoin might retest the Pennant, then Dump hard towards the 7.4k (Major Support Area)




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