DONT MISS OUT Bitcoin biggest move is coming
Hello mates how are you doing
I hope you are doing PROFIT-WELL
Today iam gonna shed light on BTC
before we talk any technical analysis...
...lets dont forget about real deal fundamentals out there:
1) FED meeting today
2) spot ETF approval that is coming in january
3) halving is coming within 130 days
mates!!! we even have 8 consecutive weekly green candles
All of this means ROCKET BULLISH 🚀🚀
Add to all what we said the 4H time frame chart i posted above:
$39500-$40400 zone being the nearest support, which is tested multiple times indicating that this zone is considered important for traders (A strong demand in this zone)
$44400 being the nearest resistance which was also tested multiple times (A strong supply)
This signifies that if the support zone is breached we could see $36500-$35500 zone, but if the resistance is breached then we could see a new high towards $47000-$48000 zone
I hope you are doing PROFIT-WELL
Today iam gonna shed light on BTC
before we talk any technical analysis...
...lets dont forget about real deal fundamentals out there:
1) FED meeting today
2) spot ETF approval that is coming in january
3) halving is coming within 130 days
mates!!! we even have 8 consecutive weekly green candles
All of this means ROCKET BULLISH 🚀🚀
Add to all what we said the 4H time frame chart i posted above:
$39500-$40400 zone being the nearest support, which is tested multiple times indicating that this zone is considered important for traders (A strong demand in this zone)
$44400 being the nearest resistance which was also tested multiple times (A strong supply)
This signifies that if the support zone is breached we could see $36500-$35500 zone, but if the resistance is breached then we could see a new high towards $47000-$48000 zone
#BTC price now is narrowed between the resistance zone and the trend-line (our daily time frame triangle), The upcoming days or weeks will be crucial for #BTC to decide whether will go up 🚀🚀 or fall to the nearest demand area ($40000 zone)