Previous Update on BTC-- Click Here
As I said in my previous post, if any good buying volume comes, it will break upside. Exactly the same is going. Some good volume is coming we are watching. The bull strength is increasing but very slowly.
As it has broken the major resistance and made it now major support, it will go for a retest for sure. During the bullish test, if it consolidates above 65.5K, we can expect more upside. If it can handle it as support and goes below 64K, we will see a downside.
As volume is too low, no trend is showing its strength. But still buying volume is greater than the selling volume and the major resistance is broken so we can expect this as an upward trend but not that strong. Weekly closed is also bullish. If it turns into a downtrend, I will update it here. Stay connected.
For now, as long as BTC is above 65.5K, it is good for the market and has a good chance to go upside. BTC has a good chance to go 71K if this trend continues. If it goes slowly, alts will reap. That's all about the market for now.
