BTC support levels
Updated
BTC / USDT
quick update for Bitcoin
We are currently testing Support level 59k-58.5k
If we lost this one we will head for the next support level between 56k-55k (strong)
Which is a confluence between 50D MA + 61.8% fibonacci level
We hope dont lose these levels but be prepared for any scenarios
For the bulls... should clear resistances in 62-63k zone for more bullish momentum
Summary :
Strong Bullish above 63k
Good as long as holding 55k
Bearish if breakdown 54k
Please follow propper risk managements
quick update for Bitcoin
We are currently testing Support level 59k-58.5k
If we lost this one we will head for the next support level between 56k-55k (strong)
Which is a confluence between 50D MA + 61.8% fibonacci level
We hope dont lose these levels but be prepared for any scenarios
For the bulls... should clear resistances in 62-63k zone for more bullish momentum
Summary :
Strong Bullish above 63k
Good as long as holding 55k
Bearish if breakdown 54k
Please follow propper risk managements
Comment
BTC testing 1st Support now Comment
2nd SupportComment
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