BTC ANALYSIS#BTC UPDATE.
#BTC has now broken below to the pink support area and is now acting as the resistance for btc .As told you in the last btc update if btc loses the black trend line support then we might see btc testing the blue box support area and there could be a high volatile move as well at the trend line support.Enter into any positions after the confirmation.
Btcbtcbreakout
BTC/USDT Technical AnalysisWelcome to crypto, ladies and gentlemen. This is how it works. Prices don't always go up. Never sell at a loss. Just hold and keep your cool BTC will rise back up. The reason why it was happening was since there was speculation around the increased tax of crypto and the wealthy, so I'm guessing some whalers sold some BTC to move. This then led to people selling as well. WE ARE NOT IN THE BEAR MARKET DO NOT WORRY. However, we could see some more correction when the new regulations for bitcoin get published, so keep your eye on the market. The rules could be printed anytime.
What crypto should I do next? 🚀🚀🚀
BCHBTC wants to start an uptrend, join this rocket.Nice mometum buildup on this daily that wants to play out.
- OBV bottom marked, still in a squeeze like most bigcaps.
- 6H kumo breakout.
- Conservative target (we all know how crazy crypto can go).
This, together with alllllllllot of big cap alts all look the same. The bitcoin dominance and Altcap/BTC charts are looking so juicy, that you can basically position yourself in any of them.
Happy bull season!
