BTC in the higher timeframe (HTF) got rejected perfectly from the resistance trendline. BTC once again failed to break above the resistance trendline, indicating a correction in the coming days.
The $60k range holds as strong support for BTC, but there's high liquidity ranging between $55k to $58k. If the price shows further correction, it will be interesting to see whether $60k holds the price or gets rejected like before.
I am placing my buy orders at $60k, $58k, and $55k for spot and leverage trades.
Do your own research before investing.
Trade safely.
Regards,
Team Dexter
#Crypto
The $60k range holds as strong support for BTC, but there's high liquidity ranging between $55k to $58k. If the price shows further correction, it will be interesting to see whether $60k holds the price or gets rejected like before.
I am placing my buy orders at $60k, $58k, and $55k for spot and leverage trades.
Do your own research before investing.
Trade safely.
Regards,
Team Dexter
#Crypto
Note
BTC Update:
We witnessed a quick dump in BTC, which went down to $62.3k. Somehow, the price rallied back to
65K and made a daily close at $65.3k.With the current price at $64.4k, BTC is still at risk of dropping down toward the $60k support level.
The accumulation strategy for BTC will remain the same as mentioned earlier.
Not financial advice.
Trade safely.
Regards,
Team Dexter.
#BTC #Crypto
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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.