Bitcoin: The struggle is real.
In the last 18 hours, BTC has dropped 6.35% and is currently at a crucial support level ranging between 57.7k and 58.8k.
If BTC breaks down below this range, a drop to 55k is likely. On the other hand, a rebound could push the price to test the resistance level.
Be cautious and trade safely.
Do your own research before investing.
#Crypto #BTC
If BTC breaks down below this range, a drop to 55k is likely. On the other hand, a rebound could push the price to test the resistance level.
Be cautious and trade safely.
Do your own research before investing.
#Crypto #BTC
Note
BTC Update:
BTC failed to maintain the support level as per our previous analysis. It dropped by almost 6.2% and has now rebounded from the 57k descending support trendline.
Will BTC make it this time? Most likely if it holds the support levels.
For now, let's keep a close eye on the 57k support and the rebound.
Make sure you do your own research and analysis before investing.
Trade safely.
#Crypto #BTC
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