BTC UPDATE:

BTC after grabbing the #liquidity from the strong level of 57k as mentioned in the previous update given the reversal and pumped and back to the range.

Currently BTC had a breakout from the channel now the 65k is the next strong resistance level for the BTC for the further bullish momentum of BTC it needs to flip th 65k level.

The 62k level will now act as the strong support level for the $BTC which is a strong demand zone from where we witnessed moves + we also have #EMA support here.

As today we have a weekly closure volatility is expected #BTC needs to give a closure above 62k to target the higher levels in the next week. Trade cautiously and must use SL.

#CryptoWatchMay2024 #altcoins