BITCOIN BREAKOUT TO 46K! But what does this MEAN?
BTC just broke out the resistance line to 46k and the target is 47.2k but expect a pullback to retest the resistance line as support before we see the real push up! The double bottom at 45k also helped us break out to 46 as well. If we do break down the resistance line we just broke out then expect another retest at 44.6k.
But do remember we are still in a DOWN trend, setting lower highs and lower lows. I personally would be patient here and set buy limits at 42.5k because I expect it to dip even further after this pump!
GL trading and trade money you can afford to lose!
But do remember we are still in a DOWN trend, setting lower highs and lower lows. I personally would be patient here and set buy limits at 42.5k because I expect it to dip even further after this pump!
GL trading and trade money you can afford to lose!
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