Crypto_Coaching

#BTC/USD Update

Short
COINBASE:BTCUSD   Bitcoin
#BTC/USD Update +
πŸ“Š 1D-Frame πŸ“‰ S & R πŸ“ˆ Chart Update

After increasing the war fear, We're seeing red markets everywhere in Stocks, crypto, and ... since yesterday.
#Bitcoin's bad weekly close has also negative technical pressure on it as well.

We also had a bad daily close below the 41700$ support yesterday and If #Bitcoin can not recover fast and stay above 41500$, We may go down more to retest the 38000$ area supports again.

Only breaking up the 42500$ resistance can be considered as going back into the uptrend direction again.

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.