Quick BTC update. It's Important.
Hello traders,
I hope you guys are doing well with your trades.
BTC has made a sudden change in the recent price action but this was something that I already talked about in my previous analysis. After a good 7.5% gain from the lower support, BTC failed to break above the 37.9k resistance. It got rejected all the way to 36.4k where we have the 21 MA (36.5k) support. We can expect a bounce back from this level where BTC will possibly try to break the 37.9k resistance once again but if the 21 MA support fails then 35.7k is the next expected support.
That's it for now. I hope you find this update informative.
Regards,
Team Dexter.
I hope you guys are doing well with your trades.
BTC has made a sudden change in the recent price action but this was something that I already talked about in my previous analysis. After a good 7.5% gain from the lower support, BTC failed to break above the 37.9k resistance. It got rejected all the way to 36.4k where we have the 21 MA (36.5k) support. We can expect a bounce back from this level where BTC will possibly try to break the 37.9k resistance once again but if the 21 MA support fails then 35.7k is the next expected support.
That's it for now. I hope you find this update informative.
Regards,
Team Dexter.
coincall.com/r/43438887
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