Btc update!!!
BTC is trading and consolidating inside a huge triangle in the daily time frame. Holding the lower trendline support which is at around 18k level perfectly so far. As long as BTC holds this support we can expect a pump up above the trend line of the triangle which is at around 21k level.
For a good upside rally, BTC needs to break and close above the upper trendline of this triangle. Meanwhile, any daily close below 18k level might create more panic in the market.
There is no need to panic unless BTC gives a daily close below the 18k level. We might see a good bullish rally in the month of October.
For a good upside rally, BTC needs to break and close above the upper trendline of this triangle. Meanwhile, any daily close below 18k level might create more panic in the market.
There is no need to panic unless BTC gives a daily close below the 18k level. We might see a good bullish rally in the month of October.
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