#Bitcoin Update (Continuous)
🔹Expecting a reversal from the level of $ 63,500, which is working as immediate support.
🔹Price can touch $ 66,800. A break above this level will send the price to $ 69,000.
🔹After 30th April, we may see new money injected into crypto, which could surge its price.
🔹The market is still a bit volatile, so be careful and trade safely.
Stay tuned for more information!!
#Bitcoin update (Continuous)
🔹Bitcoin is forming a rising wedge pattern, indicating a potential breakdown in price.
🔹If it follows this pattern, we may witness a breakdown leading the price downwards.
🔹$ 72,000 serves as a strong support level where the price could stabilize.
🔹However, if this support level is breached, the price could drop below $ 70,000.
Stay tuned for more information!!
#Bitcoin Update (Continuous)
🔹Bitcoin still trying to break its major resistance level but it got rejection multiple times.
🔹We may see some drop in btc and price will test $ 42,300 immediate support level. This support level is not so strong so there is High probability that it will breakdown.
🔹Next major support is near 40200. If we analyse from on chain side we see high liqudity present near $ 44,500
Stay tuned for more info!! ✅
#Bitcoin making history with its first Golden Cross on the weekly chart🔥
We also witnessed the first ever D e a t h Cross back in Feb 2023.
Now, it's on the rise, reclaiming the 200 MA.⚡️