Bitcoin is below the resistance of 39500-39825$, which is an important supply area
1-Positive divergence is seen in the 1-hour chart, but Bitcoin needs to break the 39500$ level and the downtrend (blue) to climb.
2-Due to the contradictory news in the world, buyers are cautious and I think they prefer lower prices to buy.
3-I have identified two paths for Bitcoin that can happen, but it is suggested that you wait for the trend to become clear.
4-Finally, I am happy to help me provide the best charts by liking and sending comments.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 8.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
1-Positive divergence is seen in the 1-hour chart, but Bitcoin needs to break the 39500$ level and the downtrend (blue) to climb.
2-Due to the contradictory news in the world, buyers are cautious and I think they prefer lower prices to buy.
3-I have identified two paths for Bitcoin that can happen, but it is suggested that you wait for the trend to become clear.
4-Finally, I am happy to help me provide the best charts by liking and sending comments.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 8.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
