Bitcoin support levels - $20,400 and $20,000 strong Support
Bitcoin resistance - $20,800 and $21,000 strong resistance
Trade with Risk management because market depends upon Bitcoin movement.
———————————————————————
Analysis:
BTC Support is at $20,400 and the next support is at $20,000. BTC resistance is at $20,800 and $21,000.
According to 1-hour timeframe, BTC has broken out of its trendline with high volume possibly heading towards $20,800 resistance but observing the previous two false breakouts, it would be better to observe at least the current hourly candle close. 200 EMA support lies around $20,350.
BTC closed its daily candle red at $20,483.
Manage your risk according to mentioned support & resistance levels Please be aware that the market will be volatile today as FED interest rate decision will be released at 11 PM Pakistan standard time, Exchanges will try to hunt stop loss so avoid high leverage trade