BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Hello everyone, if you like the idea, do not forget to support with a like and follow.

Welcome to this BTC quick update.

BTC looks good in ltf. Currently, trading around $21.3k level and it is forming a double bottom pattern at $20.8k level which is generally a bullish pattern.

There is some resistance at $21.5k level. Once BTC breaks above $21.5k level then we might see a good rally up to $22.8k level.

Invalidation level:- Any hourly candle close below $20.8k

If you like this idea then do support it with like and follow.
Also, share your views in the comment section.

Thank You!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.