#BTC/USDT UPDATE:
#BTC is now trading around 48k. Bitcoin has pumped from the support zone and now it is at 0.618 Fib level which is also an imp resistance level. So now the Possible scenarios are If the price breaks the resistance level or breaks the 0.618 fib level and gives a weekly close, then we can see bullish momentum again in bitcoin. Otherwise If the price gets rejected from the resistance level then we can see consolidation in bitcoin for some time or bitcoin may go towards the lower support zone.
Stay tuned with us for further updates✅
