Bitcoin may dump if this happens

in LeoFinance3 years ago (edited)

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BTC Update:

Hello members, we believe you all had a good time with your family and loved ones during the weekend.

Weekdays are here so let's get back to the updates.

According to our previous analysis, BTC went up to $48300 but failed to break the resistance level. Once again BTC landed into the lower supporting trendline and bounced back.
One thing is clear here, until and unless BTC breaks above the resistance (upper trendline), this 'dodging' game will continue. Same goes if BTC breaks down.
Currently, BTC is at $47500 level and the resistance is at $48100. If BTC couldn't above break this then it will surely fall down trying to touch the lower trendline once again.

We have been accumulating BTC lately and like we said before things may go wrong only if BTC breaks either $44k or $40k levels.

Stay tuned for more updates and try to save your funds as much as you can. Remember, saving your portfolio is also a profit, loosing isn't.

If you like my analysis, please follow me. Thanks

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