BTC UPDATE
BTC / USD
Unfortunately BTC lost 45k local support area and situation becomes critical
But In macro view things are different
we still have important levels for watching :
First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun
IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average)
What do you think ..which pathway will BTC follow ?
Don’t forget to like this idea for more analysis
Unfortunately BTC lost 45k local support area and situation becomes critical
But In macro view things are different
we still have important levels for watching :
First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun
IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average)
What do you think ..which pathway will BTC follow ?
Don’t forget to like this idea for more analysis
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