From the important level 1h and 4h rejection doesn't look good, if you got the lows than it's wise to book it now. 👇
LIVECrypto Kick
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The Current Price action of $BTC :
As of the bounce from the cruicial zone which is under 58k bitcoin is holding this zone pretty well, but scenarios on daily and weekly is not good according to the charts, even the 4h chart projected that it is ready to create a new LH, but people are anticipated to see the breakout. If this time bitcoin forms a new LL than the closing will be way under we expect and this support can't bare the price action anymore. As people already exhausted from this zone. Let's see, Important red zones and major resistance for BTC to reclaim and hold for sometime for better recovery and stability.
$BTC
As of the bounce from the cruicial zone which is under 58k bitcoin is holding this zone pretty well, but scenarios on daily and weekly is not good according to the charts, even the 4h chart projected that it is ready to create a new LH, but people are anticipated to see the breakout. If this time bitcoin forms a new LL than the closing will be way under we expect and this support can't bare the price action anymore. As people already exhausted from this zone. Let's see, Important red zones and major resistance for BTC to reclaim and hold for sometime for better recovery and stability.
$BTC
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