BITCOIN UPDATE NOW | Friday Update #42
Good evening, traders! I trust you've been profitable by staying updated on our analyses. you'll know the market conditions and movements. so don't forget to follow.
As I said last BTC update, "Bitcoin may test the range of 43328 support if BTC breakdown this support next may lead to 43000 while holding 43000 is crucial; otherwise, will see at 43000 is next 42950" BTC dump to 42821 as we expected BTC accurately happened This is what I expected if you look at my old post you will understand.
Now BTC is Trading around 43160 while I'm writing this post.
As of now, the BTC showing a bullish momentum according to the 1h chart & 4h chart showing bearish sign.
4h Chart
đ- Resistance: $44000
đą- Support: $42990
According to the 1-hourly chart.
1h Chart
đ- Resistance: $43550
đą- Support: $42990
1h chart forming symmetrical tringle support Bitcoin may test the range of 42990 support if BTC breakdown this support next may lead to 42600, while holding 42600 is crucial; otherwise, will see at 42800 is next 42500,
â
In my view, a minor correction to 42800 or lower in the next 1-2 hours. Share your thoughts.
Even if 20,000 people see this post, only 1% will follow me because they want to learn from me. I hope you're one of them. i don't know why 99% not following me đ