BTC is trending at $64.5k, holding the 100 EMA support. This will be the crucial support line for BTC; if it breaks below this level, $60k could possibly be the next level.
Let's hope the daily close will remain above the support.
Do your own research before investing.
Let's hope the daily close will remain above the support.
Do your own research before investing.
Note
BTC Update:
BTC daily close was well maintained above the mentioned support level and it is likely possible to see a bounce back up to $70k.
The invalidation point remains the same at $64k.
I am hoping for some recovery soon.
Do your own research before investing.
Regards,
Team Dexter.
Note
BTC Update in Daily Timeframe
BTC is holding on to the $60k support level, and with the daily close at $60.3k, we are likely to see a bounce back soon.
The only invalidation point in this daily chart is a breakdown and close below the $60k support level. For that to happen, we have another 23 hours left, and in that time, the market can head in any direction.
Be cautious with your trades.
Do your own research.
Regards,
Team Dexter
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.