#BTC BTC 8H Chart Update :
Yesterday we face the sudden drop and pump. So i am check with 8H chart with compared 1D chart. Let's see detailed analysis.
As per 8H chart, BTC has resistance level 44548 and Support Level 40750. Jan 02 BTC price has increased above Resistance level and also max reached 45950. But that's not have real breakout So only BTC has drop until 40272. But this drop is suddenly happened and also not have any breakouts on Support level. So BTC will " Retest again or It will happen real breakout " BTC currently trading in "Buyer's Zone".
So everyone open long position and keep hold or Buy the BTC in Spot. Anytime BTC will pump and reach the resistance level 44548 or 45270.
Note: If Today 1D candle closing with red candle at that time i need to analyse the market, If BTC taken the bearish momentum at that time (Tomorrow Morning 05?BTC will definitely dropping below 40-39k. But it will not happen i think. Let's see today 1D candle close, Because it is very important, Red or Green