BITCOIN UPDATE: A BULLISH RALLY CAN BE EXPECTED SOON!!!
Welcome folks to this BTC update in 4 hours timeframe.
BTC has well maintained the 21 MA support level and we may expect a bullish rally coming in soon on BTC. All we need is BTC to stay above the $35k support level. BTC has formed a lower support line and the last time BTC bounced back from the support level it consolidated roughly for 10 days between $35.8k to $39k and then a straight 23% rally. We can see a similar move here and I am ready to accumulate BTC to $36k. Breaking down below $35k won't be good for BTC and I will surely exit all my positions.
This time if BTC rallies then $45800 is imminent. I have my entries, targets, and stop-loss set for BTC, what about you guys?
Do you think BTC can rally higher? Or are you expecting something else?
Let me know your ideas in the comments.
If you are new or viewing my post for the first time then do follow up for more interesting updates.
Like and share will be much appreciated.
Thank you.
BTC has well maintained the 21 MA support level and we may expect a bullish rally coming in soon on BTC. All we need is BTC to stay above the $35k support level. BTC has formed a lower support line and the last time BTC bounced back from the support level it consolidated roughly for 10 days between $35.8k to $39k and then a straight 23% rally. We can see a similar move here and I am ready to accumulate BTC to $36k. Breaking down below $35k won't be good for BTC and I will surely exit all my positions.
This time if BTC rallies then $45800 is imminent. I have my entries, targets, and stop-loss set for BTC, what about you guys?
Do you think BTC can rally higher? Or are you expecting something else?
Let me know your ideas in the comments.
If you are new or viewing my post for the first time then do follow up for more interesting updates.
Like and share will be much appreciated.
Thank you.
BTC pumped as expected.