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Faibik
Apr 6, 2021 4:43 AM

Bitcoin | Bulls Struggling to Clear the 60k Resistance..!!1 

BTCUSDT SPOTBybit

Description

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#BTC (Update)


Bitcoin is Consolidating in Triangle in Daily timeframe..!!

Daily EMA50 (53088) Acting As Strong Support & there is a Unfilled CME gap As Well in 54k Area So Bitcoin Might Retest 54k Area 📉

From Last 7 Days, Bitcoin Bulls Struggling to Clear the 60k Strong Resistance but Bulls Need More Volume.

If Daily candle Closed above 60k, then Next STOP would be 70k 🚀, In Worst Case, If daily Candle Closed Below the EMA50, Bitcoin might Retest 44.8k Support Area 👀



Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!
Comments
John_Adarson
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Good idea
Faibik
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@John_Adarson thanks for Appreciation
De-cook
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great analysis
TheTradersAvenue
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Great explanation, thank you!
Faibik
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@TradingAxis thanks for Appreciation and support
watchtrend
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Good long term idea
Faibik
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@watchtrend thank You mate
BobRivera990
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@Faibik
very nice
what about alts in short term ?
Does the growth of bitcoin increase the dominance index?
Faibik
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