BTC Update: (68k is next target?)
Date: 2 April 2024
Alhamdulillah ,
Not: Must read full post otherwise #MU_Traders will not responsible for any type of results .
BTC dropped to mentioned t.p $67k and $64,700. No need to give explanation if you are following us.
Let's discuss next movement.
BTC is currently at support level of $63,700 - $64,700. I will also discuss why we are considering it as support level? Our next
T.P is $68k.
Let's first discuss why we are considering $63,700 - $64,700 area as support level?
The reason is that here is shoulder of H&S pattern of last recent dump. The second reason is that in recent correction almost 2 weeks ago BTC consolidate here and bugs show Thier reaction in this area so we can expect same reaction this time from them.
Let's discuss about T.P.
The reason we are looking for $68k is that after getting support from support area we will find resistance at 68k from which BTC rejected 2 or 3 times about 2 weeks ago.
Theme of talk: BTC tested the area of $63,700 - $64,700 a bullish move toward $68k is now expected .
Note: Do your own research before investing in any coin 🪙.
