April 7: #Bitcoin: Today during Asian session BTC price did correction and break short-term support $57k. Now next support at 54k which is 50 DAY MA.This correction may be bec of "Kimchi premium" in South Korea. Many Article post about it in last 24 hrs..
Price bounce back from $55500 but it need to cross 57500+ to gain confidence. if it not close above 57500 than we will see 54k-55k again in shorter time...
Positive part is that BTC making Inverse Head and Shoulder which is bullish sign and also it is ascending Triangle... if BTC will bounce and break 60k in coming days than it will be very bullish for 70k.
Always trade Between Lines.
Plz share your comment if different View..
Comment:
#BTC price move beautifully as expected and break 60k .. DOW close at all time high. we can expect new al time high in BTC too.. We can see a retest at 60k and than it fly to $65k - $70k .. Congrats Those believe on this chart