SonicDeejay

Crypto BitCoin BTC/USD ($45,000 will be a SUPPORT Level)

COINBASE:BTCUSD   Bitcoin
Updated View on BitCoin BTC/USD (16 May 2021)

BTC has shown that 58K~60K region is a strong resistant and 48K~50K too is a strong support.

BTC dropped hard during the weekend but it has somewhat recovered.

For the immediate term, it should head back higher and we can expect 49K~50K will act as an immediate resistant. From the region, BTC shall decide for its next course of action.



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