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Bitking786
Jun 25, 2021 9:08 AM

Bitcoin look bullish but need to hold 33k level to go further up 

Bitcoin / TetherUSBinance

Description

Technical analysis:

Welcome to this quick update, everyone. During my last few updates I've stated that BTC can easily hit the 36k level since everyone was waiting for 24k level it never happened "YET"!

BTC is currently trading around the 34k level.
the green channel must hold for BTC to remain bullish .

There are two scenarios I see possible here :

1. BTC can either hold this level and continue by breaking the 35k level or

2. BTC can either take a dip around 33k level and continue to the upside.
this can only get invalidated if BTC closes below the 31k level in daily.

The Weekend is near so we can expect some low-volume P&Ds on weekends.
So be careful and take trades carefully.

Bitcoin is bullish but will get invalidated if it fails to hold the 31k level.

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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Comments
rjkarthik6262
Which coin can we use for scalping in this period?
Bitking786
@rjkarthik6262,in my opinion, right now go with large cap coin they are follow btc chart. it may be bnb or bch or ltc good for scalping in this period
rjkarthik6262
@Bitking786, Thanks
alokpaul510
25k possible in this weekend?
Bitking786
@alokpaul510, may be possible because manipulation around the whole market although the global market recover but only crypto is struggling thats not relatable. sooner or later it also gonna recover.
alokpaul510
Great
Bitking786
@alokpaul510, thanks for your feedback.. its means alots for me
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