BTC quick update.

מעודכן
BTC is at the $41800 support level. It should hold this level or else 40k is likely to play off.

Trade safely.
הערה
תמונת-בזק

BTC moved fast. The 41.8k support has broken down and now BTC needs to hold the 40k support level. A breakdown and close below the 40k support will turn out scary. A bounce on the other hand will bring relief in the market.

Trade safely.
הערה
תמונת-בזק

BTC bounced back from the 40k support level but will this push be enough for Bitcoin to rally from this point? I am not sure for how long BTC will manage to hold the 40k support level but until it holds, BTC will continue to attempt to break above the 44k resistance. Expecting a daily close above the 42k.

Trade safely.
btctechnicalanalysisbtcupdateBTCUSDbtcusdanalysisChart PatternsTechnical IndicatorsTrend Analysis

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