CRYPTO MARKET UPDATE BY TEAM TENUP
Pakistan Time: 01:15pm
1: Bitcoin support levels - $60,800 and $59,900strong Support (is Ka Matlab yahan buyers hain).
2: Bitcoin resistance - 64,500 and $65,800strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin).
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis
On the 4hour time frame, Bitcoin is forming a descending channel.
Along with this, there's also a double bottom pattern forming, indicating a potential upward movement in the price of Bitcoin which could send the price above $64,500.However, if the pattern isn't followed, we might see a drop down to $60,800, which is an immediate support level.
