BTC continues trading at the 45K areas we have the next resistance at 50.4k
The price dropped by -8 % as we predicate from the resistance levels we mentioned in the last update.
$45K still active as support, so we will track price reaction there to confirm the next movement, if Bears fail to breakdown we will try to take scalping trade, but if they did and break this support as we expect, then $40/35K zone a scalping area you can manage scalping trade from it
$35 is a good potential buy zone.
The analysis fails if the area is breached and the top level 54k closes
The price dropped by -8 % as we predicate from the resistance levels we mentioned in the last update.
$45K still active as support, so we will track price reaction there to confirm the next movement, if Bears fail to breakdown we will try to take scalping trade, but if they did and break this support as we expect, then $40/35K zone a scalping area you can manage scalping trade from it
$35 is a good potential buy zone.
The analysis fails if the area is breached and the top level 54k closes
