🚨 Important Market Alert 🚨 $BTC Reached a Critical Support Level✨
Good morning beautiful people, I'm sharing with you the daily report of the expected #BTC price action as a very critical support level has been reached. We will assess the 2 Scenarios for today's market, in addition to the German government selloff situation and talk about the best coins to grab today at a very low price. I hope you can give a follow and like if you feel that my content is interesting and gives you valuable knowledge.
🪙 BTC Price Action 🪙
Well guys we have reached a price of $56,800 which is an easy yet a critical support line as BTC has two simple scenarios today that would show us the next price prediction as we reached a very critical support line.
1- BTC breaking the $58,800 support and closing 1 hour candle below this support means it could drop to the 54K level and even lower.
2- BTC jumping off the support line mentioned above will get an opportunity to recover again to 57K to 58K and even higher.
🇩🇪 German Government now only has $285 million of Bitcoin left for sale.
📰 Among the Most Important Economic News Today 🌐 DUBAI time GMT +3:
1. US Producer Price Index 3:30
2. Michigan US Consumer Confidence Index 5:00
🌿 Altcoins To Grab at a Low Price 🌿
$NOT at $0.0145 range is a perfect entry price if you are thinking about buying in. As the price dropped 6%
$JASMY is still very relatively cheap at a price of $0.0229 with a decrease of 7% which could also be a good entry position if you decided to buy.
🔥 Futures Trading Advice 🔥
Only trade the Top 100 coins for today, try to wait for the lowest price possible to enter the trade above any strong support level and long with a near Stop Loss. Remember that the market is expected to become volatile in 1 to 2 hours.
