BTC Reached first support bounce or another dump ?
BTC / USDT
In my last update i talked about how importannt 46k5 for as a local support for btc to continue moving up
Unfortunately BTC lost this support and now turned resistance
📌What Next ?
Btc reached first strong support level around 42k
we will monitor price action here :
–If current support hold then expect BTC to reach 46k again (as first resistance) in next few hours or days
–If this support failed then our eyes will look at next one between 38k-34k for potential bounce
📌Reminder for you ...we talked about these levels before as a possible levels for reversal in my past idea ..you can check here 👇
Dont forget likes & shares for more analysis / ideas
Best of wishes
In my last update i talked about how importannt 46k5 for as a local support for btc to continue moving up
Unfortunately BTC lost this support and now turned resistance
📌What Next ?
Btc reached first strong support level around 42k
we will monitor price action here :
–If current support hold then expect BTC to reach 46k again (as first resistance) in next few hours or days
–If this support failed then our eyes will look at next one between 38k-34k for potential bounce
📌Reminder for you ...we talked about these levels before as a possible levels for reversal in my past idea ..you can check here 👇
Dont forget likes & shares for more analysis / ideas
Best of wishes
CHECK HERE : 👇