henstar

BTC weekend Update

COINBASE:BTCUSD   Bitcoin
BTC got rejection from 19800$ level, price saw a good spike in price but it did not able to sustain it. Next support 18600$ to 18400$.. For a good upside move it need to close above 19600$👆 to march upward...
H1 Resistance level is marked at 41.92% to 41.86% level from where the price action got rejected and and went down As the volume decrease in bitcoin which is why the decrease in the price we are seeing
However, The price action is still consolidating in Daily Horizontal Resistance zone on Daily timeframe

main resistance area $20500 to $20850
main support area $18500 to $19360

DYOR and As always, stay safe
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