Bitcoin just closed its weekly candle and painted the bottom of what looks like is going to be the weekly at $47,000. From here, Bitcoin looks like it caught support at that $47,000 level and is trying to reverse pwards to retest this downtrend around $54,000 before making another decision.
Above the $51,689 level we should see a retest of the $55,218 level for Bitcoin but a rejection from this level on the $51,000 level will drag the price down to $44,854 and it'll take a little more than the rest of the month to reverse.
I will continue to keep all of you updated , make you're you stay up to date in my signal chats. Please let me know your comments down below and thank you for all your continued support
Above the $51,689 level we should see a retest of the $55,218 level for Bitcoin but a rejection from this level on the $51,000 level will drag the price down to $44,854 and it'll take a little more than the rest of the month to reverse.
I will continue to keep all of you updated , make you're you stay up to date in my signal chats. Please let me know your comments down below and thank you for all your continued support
Trade closed: target reached:
Quick Update on the 4H - Bitcoin hit our TP levels at $54,028 & $55,218 before falling down and reversing off of this long term uptrend pictured. Bitcoin couldn't regain this trend as a level of support, therefore it rejected and is in the middle of a falling knife looking like its going to hit $51,689 at least before reversing back upwards.
Now we could even see another test of $47k before breaking outside of this downtrend formed in March, about a month ago
I will continue to keep you guys and girls updated, please make sure to keep up to date with me and the Easy Loot Group. 🥂
Quick Update on the 4H - Bitcoin hit our TP levels at $54,028 & $55,218 before falling down and reversing off of this long term uptrend pictured. Bitcoin couldn't regain this trend as a level of support, therefore it rejected and is in the middle of a falling knife looking like its going to hit $51,689 at least before reversing back upwards.
Now we could even see another test of $47k before breaking outside of this downtrend formed in March, about a month ago
I will continue to keep you guys and girls updated, please make sure to keep up to date with me and the Easy Loot Group. 🥂
