Crypto market update #MARKETUPDATE
By Team ShazilYT Pro Trader (UK time 12 PM)
Bitcoin resistance - 28,888 and 30303 dollars resistance (Means there are sellers )
Bitcoin support - 26,666 and 25,950 USD strong support (Means there are buyers)
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Analysis -
As clearly told that previously we had started consolidating and ACCUMULATING where bitcoin got it’s price pump. Now, we are on currently on a lower TF resistance so be careful because market will retest its support levels again. But this time we could potentially (77% chance) see a new lower low. The probability of 25,555 is 69% and the chance of hitting 24,444 is about 30%. Anything below is highly unlikely according to current market conditions. Breakdown of 24K support region will result in bear market starting over and then 30K will become a pivotal point.
DIPS ARE ONLY BUYING OPPORTUNITIES! DO NOT MISS THEM!
Approved by Shazil.
Kind Regards,
#Shazilytprotrader
