BTC Update:
If you ask me whether our previous exclusive chart on BTC is still valid or not?
We would happily say, YES!!!
Here's an update on 2 hours time frame.
BTC is currently bouncing back from the bottom trendline breaking above the 21 MA. We can notice that BTC had always bounced back after reaching this trendline. If that's the case happening now then BTC must reach $48.5k once again.
BTC has been under this channel for nearly 15 days and it must break this channel soon either up or down.
We still have our support and resistance level fixed. Support at $44k & $40k, and resistance level at $50k.
We are in the weekly close and things could go in any direction. So, be prepared.
More updates coming in.
Stay tuned.
Posted Using LeoFinance Beta
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