BITCOIN UPDATE TODAY |
#36th Update
Good Morning, traders I trust you've been profitable by staying updated on our previous analyses. you'll know the market conditions and movements. so don't forget to follow.
As I said last BTC update, "In my view, a small pump to 43700 or higher in the next few hours if hold this 43900 support $44000 is possible." BTC pump as we expected BTC accurately happened This is what I expected BTC 48000$ if you look at my previous post you will understand.
As of now the BTC showing a Bullish momentum according to 4h chart & 1h chart. if anything change quickly I will update 0n (XBT) Author: @cryptofamilyrky
Bitcoin is currently trading around $45950.
According to the 4-hourly chart.
4h Chart
š- Resistance: 46410
š¢- Support: 45800
According to the 1-hourly chart.
1h Chart
š- Resistance: 46510
š¢- Support: 45250
ACCORDING TO TECHNICAL ANALYSIS.
Next Bitcoin may test the range of 46500 or higher OR lower then if 46500 resistance break we see puump it to 47250. this position successful to hold at 47500 may lead to 48000 or higher possible.
ACCORDING TO SEC DEPENDS ON BTC
I have add the image A path & B path if BTC ETF Rejected By SEC we face dump to 36k before we hold some support 39500, 40000.
extreme rare and dangerous case 29500$. but not possible bcz halving near.
I will add 4h, 1D chart below this post see and get idea from the chart.
In my view, a small dump to 45700 or lower in the next few hours if hold this 45900 support $46000 , $47000 is possible. Share your thoughts. š what technical analysis you need ? comment below š
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