Dear traders,
I hope you all are doing well. I bring you a brief BTC analysis on a 2-day timeframe chart. Recently, BTC experienced a dip, touching close to $40k, but it swiftly rebounded to $44k. Based on the current BTC movement, there's a likelihood of it reaching around $48k. However, considering the RSI level, it's crucial to stay vigilant for a potential downturn.
I've identified $47.8- 48K as the current resistance and $40.8k as the support.
Share your thoughts on BTC's price in the comments.
Best regards,
Team Dexter.
I hope you all are doing well. I bring you a brief BTC analysis on a 2-day timeframe chart. Recently, BTC experienced a dip, touching close to $40k, but it swiftly rebounded to $44k. Based on the current BTC movement, there's a likelihood of it reaching around $48k. However, considering the RSI level, it's crucial to stay vigilant for a potential downturn.
I've identified $47.8- 48K as the current resistance and $40.8k as the support.
Share your thoughts on BTC's price in the comments.
Best regards,
Team Dexter.