Bitcoin Analysis

Pakistan Time: 22 :15 PM

$BTC

1 Bitcoin support levels - $62,000 and $60,000 strong Support (Support Mean Demand Zone Mean buyers Sit At This Price Level For Buying).

2: Bitcoin resistance - $64,000 and $65,800 strong resistance (Resistance Mean Supply Zone Seller Orders Placed At These Areas, So In Area Bitcoin Will Be Sell ). Until Any Side Breakout With Volume Break The Structure in To New Zone.

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Overall Market Centiments &

Analysis -

Bitcoin was not able to sustain its position above the $66,000 level and is now moving towards the support area. It is expected that Bitcoin may trade sideways for this week. The Bitcoin Halving event is scheduled for 20th April.

Not much has changed in the market

Whales are continuously buying Bitcoin because the halving is approaching.

The only concern is that if any major bad news of war comes out, we could see a negative impact. Overall, the sentiment is bullish.

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