BITCOIN (UPDATE)
Updated
Bitcoin is now trading at the support of 48000.
It needs to HOLD this area.
The next support area is 46800 - 47000 zone.
No need to panic yet! market is rejecting from the major resistance and trading above the support.
This is just a small "correction" and we have seen small correction in last couple of weeks. BTC need to break the resistance area and hold above this to go higher.
I'll share more updates!
It needs to HOLD this area.
The next support area is 46800 - 47000 zone.
No need to panic yet! market is rejecting from the major resistance and trading above the support.
This is just a small "correction" and we have seen small correction in last couple of weeks. BTC need to break the resistance area and hold above this to go higher.
I'll share more updates!
Note
The number of bitcoins held by long-term holders reached an all-time high at 12.69 million bitcoins. Higher than the previous peak last October 2020.
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