Bitcoin Current Update ( Daily Time Frame )

14 באוק׳ 2022

#Bitcoin Technical Analysis:-

BTC currently trading around $19600 which is Bear Area.

As Per chart #BTC currently trading in Descending Triangle in Daily Chart.

As per chart Still Waiting for Confirmations and Never trade without confirmation guys.

Now Two Scenarios:-

Scenario 1:- if BTC breakout Upward $20600 and Daily candle closw above then We can see 54% Upward move toward $31800

But

Scenario 2:- If BTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level.

So Watch closely and trade.

Support:- $12800
Resistance:- $20600/$25000/$31800


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