$BTC current market update.
btc is now trading around 55.6k level after hit 52k level in last week. btc is showing kind of upside movement since last 2days. and it is considerable market act at the moment.
with this all concerns today daily candle close point is very important for get proper idea about market whether its bullish or bearish.
btc is still in a down trend wedge in all time candlestick chart and btc struggling to breakeout it current resistant level of 55.5k - 56k level. market can easily drive to 62k level if it be able to cross that resistant level. so guys my point of you is this is very crucial time period for btc market.
because market still having strong ability to drop until 49k level again if it couldn't breake that current resistant level. we can recognise that important fact within a close of today daily candle.
so be patient and wait until strog entry bounce up.
see you soon with our next market update.