Bitcoin MARKET UPDATE
1: Bitcoin support levels - $20,800 and $20,500 strong Support (buyers zone).
2: Bitcoin resistance - $21,250 and $22,000 strong resistance (sellers zone).
Market depends upon Bitcoin movement so we updated you now trade with Risk management.
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Analysis -
BTC is about to test its support at $20,800 and next immediate support will be at $20,500. Resistance for BTC is at $21,250.
BTC closed its daily candle red at $20,905.
Trade carefully and manage your risk according to mentioned support and resistance levels.
Looking at 1 hour timeframe, volume is high. BTC breaking its $20,800 support would increase probabilities for downtrend and testing of support $20,500 and $20,000. $20,000 is strong support for BTC.
1: Bitcoin support levels - $20,800 and $20,500 strong Support (buyers zone).
2: Bitcoin resistance - $21,250 and $22,000 strong resistance (sellers zone).
Market depends upon Bitcoin movement so we updated you now trade with Risk management.
———————————————————————
Analysis -
BTC is about to test its support at $20,800 and next immediate support will be at $20,500. Resistance for BTC is at $21,250.
BTC closed its daily candle red at $20,905.
Trade carefully and manage your risk according to mentioned support and resistance levels.
Looking at 1 hour timeframe, volume is high. BTC breaking its $20,800 support would increase probabilities for downtrend and testing of support $20,500 and $20,000. $20,000 is strong support for BTC.