IS BTC is GOING TO RETEST THE 40k LEVEL?
Updated
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BTC (update)
In Shorter TF, Bitcoin breakdown this rising wedge pattern but currently, it is lying on the support of 41k support level if it breaks this level to then it can drop up to 40k level.
Or we have 50 ma as local support.
We need to break the 42k level to remain bullish.
Let's see how the market reacts.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Financial advice.
BTC (update)
In Shorter TF, Bitcoin breakdown this rising wedge pattern but currently, it is lying on the support of 41k support level if it breaks this level to then it can drop up to 40k level.
Or we have 50 ma as local support.
We need to break the 42k level to remain bullish.
Let's see how the market reacts.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Note
#BTC UPDATE BTC is following the red line currently it facing a 41k level as resistance if it got rejected then the next support will be 40k - 39.9k level.
Or if it breaks the 41k level with confirmation then it can bounce up to 42k level.
Let's see how the market reacts in a few hours.
Note
As expected BTC got rejected from the expected range now it can drop up to the $40200 - $39800 level range.
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