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CryptoAnsh
Apr 23, 2021 7:01 AM

BTC trend over past few days  

Bitcoin / TetherUSBinance

Description

BTC yesterday broke it's support which was around 50k, but there is no need for panic because before too BTC has followed the same trend, which is when it pumps then it also take a small correction which around 10%-15% which has been marked in the chart, so this time too BTC took a healthy correction of around 20%-22% , so there is no need for a panic. Second support level of BTC is around 46.3k and the last support is around 42.8k
and if it breaks the last support which is around 42.8k then we can say that BTC has actually entered the bear market.

And according to me BTC will go for the retest of 46.3k support level. And from there it will go for it's new rally.
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