Hello folks,
Welcome to this important update on BTC price in 4 hours timeframe.
First of all, thank you everyone for being so supportive. I feel honored to help you guys with my charts and quality content.
In this Tradingview platform, I provide 100% original and thoroughly analyzed content. I like to keep things easy and simple for my viewers.
Now, let's get straight to the chart.
BTC is still above the $60k support level which keeps BTC in safer hands and looks like it is getting ready for a new ATH. BTC tried to break above the $64k resistance level but failed to do so and showed rejection of almost 6.5%, but it bounced back strong. This bounce on BTC will surely try to break above the resistance level and if it manages to do so then the new ATH will be the next target for BTC.
I am positive and bullish on BTC and I am expecting a new ATH. Things may turn out scary or bearish for BTC if it breaks below the $58k support level and if that happens then BTC may fall up to the $50k as well.
My biased is on the bullish side. What's yours?
If you like my ideas then do hit the like button and share your ideas. I will be more than happy to know what's your thoughts on BTC.
Stay safe. I'll see you on my next update.
Welcome to this important update on BTC price in 4 hours timeframe.
First of all, thank you everyone for being so supportive. I feel honored to help you guys with my charts and quality content.
In this Tradingview platform, I provide 100% original and thoroughly analyzed content. I like to keep things easy and simple for my viewers.
Now, let's get straight to the chart.
BTC is still above the $60k support level which keeps BTC in safer hands and looks like it is getting ready for a new ATH. BTC tried to break above the $64k resistance level but failed to do so and showed rejection of almost 6.5%, but it bounced back strong. This bounce on BTC will surely try to break above the resistance level and if it manages to do so then the new ATH will be the next target for BTC.
I am positive and bullish on BTC and I am expecting a new ATH. Things may turn out scary or bearish for BTC if it breaks below the $58k support level and if that happens then BTC may fall up to the $50k as well.
My biased is on the bullish side. What's yours?
If you like my ideas then do hit the like button and share your ideas. I will be more than happy to know what's your thoughts on BTC.
Stay safe. I'll see you on my next update.
