$BTC MARKET UPDATE
BTC dropped since my previous post and touched $56550. I was expecting a drop around $52K but the buying pressure was pretty high and price didn't drop to what i was expecting. Which resulted in a very good bounce back to previous position.
BTC is now trying to break the resistance around $63000 and I am expecting the price may drop because RSI is already overbought and this resistance is already proving to be strong enough.
If the price breaks through the resistance then we might see very good buying pressure and price may jump ever further.
👉 Please DYOR before you invest
👉 This is based on Price action and if for information only
👉 Please keep in mind other market factors and volatility.
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
Replies 16
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In