CRYPTO MARKET UPDATE

1: $BTC support levels - $58,000 and $52,000 strong Support (this means there are buyers).

2: Bitcoin resistance - $62,000 and $66,000 strong resistance (this means there is no need to sell, bitcoin will sell).

Market depend on $BTC whether you have updated it - according to the plan you have to do it yourself and do it with your funds.

Analysis -

BTC's support is at $58,000 and $52,000.

Resistance is at $62,000 and $66,000.

Trade with caution and manage your risk according to the support and resistance levels mentioned above.

BTC closed its daily candle at $61,685. $62,000 is working towards a key resistance as the daily 50 MA and 200 MA are present here. BTC will have to face resistance at $62,000 and daily candles will have to be formed above this level to give the price the possibility of a bullish move.