BITCOIN: A REJECTION.
Hello folks, here's a quick update on BTC.
After some impressive gains in the last 48 hours, BTC has started showing some rejection from the 20.8k resistance. If this rejection turns out to be repeating the past then we may expect it to reach the lower support line (19k). In between, we have the 21 MA that could act as a support for BTC. The RSI is acting according to the price action and so far it is going well.
That's it for now. I will see you on my next update.
Trade safely.
After some impressive gains in the last 48 hours, BTC has started showing some rejection from the 20.8k resistance. If this rejection turns out to be repeating the past then we may expect it to reach the lower support line (19k). In between, we have the 21 MA that could act as a support for BTC. The RSI is acting according to the price action and so far it is going well.
That's it for now. I will see you on my next update.
Trade safely.
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