Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick update on Bitcoin. Currently, Bitcoin hovering at $54,400. In my previous update, I clearly mentioned that BTC does not look good and we may see a retracement from here and the same is happening now.
Right now if we look into the 2hour chart of BTC there is strong support at $53k. If we break down this support zone then we revisit the $49-$51k which is highly likely IMO.
So put your buy orders between $49-$52k and as of now do not hold many positions in altcoins. When we see a retracement in Bitcoin, Altcoins follow it then we start taking entries in some good altcoins.
If you like this idea then do appreciate it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
Welcome to this quick update on Bitcoin. Currently, Bitcoin hovering at $54,400. In my previous update, I clearly mentioned that BTC does not look good and we may see a retracement from here and the same is happening now.
Right now if we look into the 2hour chart of BTC there is strong support at $53k. If we break down this support zone then we revisit the $49-$51k which is highly likely IMO.
So put your buy orders between $49-$52k and as of now do not hold many positions in altcoins. When we see a retracement in Bitcoin, Altcoins follow it then we start taking entries in some good altcoins.
If you like this idea then do appreciate it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
