#BTCUSD This level needs to hold to stay bullish!
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.
Stay safe
Do hit the like button if you like this update and share your views in the comment section.
Thank you
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.
Stay safe
Do hit the like button if you like this update and share your views in the comment section.
Thank you
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BTCUSDT UPDATE:- Bitcoin is holding the support so far.
I expect an upper rally after a few wicking to the downside.
I could be wrong though.
But this is what I think.