BITCOIN UPDATE NOW.
Good morning, traders! I trust you've been profitable by staying updated on our analyses. you'll know the market conditions and movements. so don't forget to follow.
As I said yesterday morning update, if BTC break the symmetrical pattern we will see a good pump this happened yesterday night Bitcoin pump to 37500, accurately happened Bitcoin pump and test 37500, This is what I expected if you look at my old post you will understand.
As of now the BTC showing a extremely bullish momentum according to 4h chart & 1h chart. if anything change quickly I will update 0n (XBT) Author: @cryptofamilyrky
Bitcoin is currently trading around 37200
According to the four-hourly chart.
4h Chart
- Resistance: 38,000
- Support: 36400
According to the 1-hourly chart.
1h Chart
📍- Resistance: 36800
🟢- Support: 36400
Bitcoin may test the range of 37,600, 37,700, 37,900 - 38,000. Breaking the 38,000 resistance could push it to 38,500. A failed breakout may lead to 37,200, while holding 37200 is crucial; otherwise, support at 36,800 is next 36400.
Anticipating bullish momentum in altcoins today with decreasing BTC dominance. BTC remains bullish across all timeframes.
In my view, a minor correction to 37,200 or lower in the next 1-2 hours before rising to 37,600 or higher is possible. Share your thoughts for the next ETH update. 👍
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