Alhamdulillah ❤️,
As expected $BTC hit resistance area that we mentioned in last update . But unable to hold above $64,500 area ( ±1% ) and perfectly closed 1D candle green. Now a dip or pump in BTC! We will first analyse graph then share our personal point of view; that we expect from analysis .
🔸 Fundamentally no new news that can effect market heavily so we will go deep technically only today . Technically we got rejection from resistance . And have great liquidity at $65K - $66K region . So, maximum chance market move upward and grab it. In shorter TF #BTC☀ is in consolidation zone so we can expect today and tomorrow consolidation only due to of weekend. No bigger move like 5-10% up or down is expected . Only 1 or max 2% ups and downs are expected . From Monday we can see a bullish momentum in market and can get an upward move till $65K and $66K. From there if market not reject and consolidate there for 24H and then close 1D above this region ( $66K ) then we will look for $69K and $70K region.
☠️But if got rejected and unable to close above resistance in 1st or 2nd attempt then downward move will be start . And this downward move will led market to 60K region. It is double side senerio but we share only one side senerio . For that we share our personal opinion . Before we share Personal POV we want to clear one more thing here that above analysis is expected to fulfil in 10-14 days. So, for next two days just wait for $65K and $66K and after that we will analyze graphs again and share it. Don't look for $60K and $70K. Right now just look for $65K and $66K.
🔸 Personal POV : According to our personal opinion BTC next move is $65K ( Probably Monday ) once it hit $65K then we share next expected move .
🔸Note: If you find this post help ful then don't forget to like and comment what you expect from market. Follow @MU_Traders for more updates . Also report @Hamster Kombat for there cheated behavior with old users.
