After a massive liquidation and a straight 16% drop, BTC held the $56.5k support level. Currently, the price is stuck at the $58k level but once we break above it, BTC will test the $60k resistance.
The support levels are still solid for BTC and I hope the market will recover soon.
More updates coming shortly, so stay tuned.
Trade safely.
Regards,
Team Dexter.
#BTC
The support levels are still solid for BTC and I hope the market will recover soon.
More updates coming shortly, so stay tuned.
Trade safely.
Regards,
Team Dexter.
#BTC
Note
BTC failed to break the $58k resistance and dropped down once again. Currently, the price is trying to hold the $55k support trendline. If the price breaks below this support, then $50k to
52K will be the next level.It's better to stay in USDT and wait for this correction to be over.
Not financial advice.
Trade safely.
#BTC
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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.