Hello everyone welcome you all to this exclusive BTC 1hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see from the above-mentioned chart that BTC recalled its previous position after a sharp bounce of 13% from the lower green support level of 21k.
In the current scenario, BTC is about to face its local resistance level of 23.8k.
MACD also printing slightly lighten green bars and it's about to print a bearish cross over.
Here we can see a short pull back to lower levels and bounce towards the price level of 25k.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.