BTC/USD (43k New Short Term Support)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
💎Technical Analysis Summary💎


-Bitcoin respected the EMAs at the 8H timeframe period
-With the confluence of previous higher low at 43k dollar range
-The price is now retesting the recent top
-This zone has been tested 3x and it is still acting as resistance
-As long as the Bulls can hold above the EMAs and 44k dollars
-I think there is still a big chance for another leg up
-For now, Many altcoins have recovered from their recent downward move
-I am observing the market for potential swing trades
-Good luck everyone and stay safe!

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