🚨BITCOIN WILL RISE🚨
From the chart, we can see that bitcoin has been holding on the $40k support/resistance zone well. Which means BTC has chances to rise.
But if there’s a break of the 40k support on BTC, then it will need to find a support below $40k in order to rise.
Asides that, bitcoin has a double test on the support which is a pointer for a potential buy for the incoming bullish trend.
If $BTC falls below the 40k and have a retest on the 40k resistance then we should be looking at a potential bearish trend to find a support between 36-38k.
Safe Reminder: Always use good risk management, and always trade the amount that you can lose. ‼️
Thanks for reading.
Please give a free like, it motivates me to share more analysis.
