BTC/USD (Retesting Previous Resistance)

💎Technical Analysis Summary💎


BITSTAMP: BTCUSD


-Bitcoin is likely forming a small triangle near a 16k area
-Currently, it is trading above the previous resistance zone last November 6-9 trading
-We can see the 50ma 4hr dynamic support is approaching the price
-This will help BTC to consolidate in the short term
-The market trend is up so priority trade is Buy
-Soon we will have a breakout direction
-let's hope the Altcoin market will have time to recover
-During Bitcoin sideways movement in the coming few days



A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉

``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````