The price is extremely bullish and is pumping from 40K support that was higher low for bitcoin and now we have a higher high too(breaking 53K resistance) that both are also a good sign for the bullish market.
but the price is also near these strong daily resistance zones and we are looking for a correction here and at least testing Fibonacci levels and then more pump or correction based on upcoming updates.
DISCLAIMER: ((trade based on your own decision ))
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but the price is also near these strong daily resistance zones and we are looking for a correction here and at least testing Fibonacci levels and then more pump or correction based on upcoming updates.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
previous BTC analysis:
Trade closed: target reached
First support zone and target reached.because now 53K zone that was resistance zone is support zone and if it breaks then more dump to next targets is expected.
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My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.