Bitcoin | Key Resistance Broken..!!

BTC/USD (Update)


So Far Bitcoin is Doing Well After Testing the 6.4k Support,Recently Bitcoin Has Broke the KEY RESISTANCE (7800) After Long time.

Now Bitcoin enters into Breakout Region or Testing Descending Channel Key Resistance, That Mean Now Bulls Need More POWER & Strength For Breakout. (Now Bitcoin is in DO or DIE Situation..!!)

Keep in Mind, We're Still in Downtrend until 7.8-8k Resistance Broken, But I'm Bullish on Bitcoin, (Still Expecting Descending Channel Breakout in 4-5 Days But i'm Waiting For Daily Close, & Some More Confirmations.)

In Shorter TF, We Might See Some Correction Towards the Support Levels, ( $7,750 - $7,680)

In Larger Timeframe Chart, Finally 7800 Resistance & 3D EMA21 Broken & Now Bitcoin Towards the KEY Resistance, (Breakout Zone)

In Weekly Chart, Still Bulls Are Facing Weekly EMA50 (Strong Resistance)



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The information given is never financial advice. Always do your own research.