WILL BTC BE ABLE TO HOLD $29K AGAIN?Hello, community members welcome to this BTC/USDT 4hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see in the above-mentioned chart that BTC lost almost 4.5% in this single 3hr candle and recovered almost 4% from the bottom.
Here BTC needs to candle close above the price level of $29k in this 3hr time frame which will be still a green signal for BTC.
A candle that closes below the $29k price can change the whole market sentiment.
Candle close below $29k will lead BTC towards the $21k price level.
Now, we should wait for the candle close for now, 20min left for the candle to close.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.