Hello everyone, Welcome to this BTC update. Hope you did not lose any money in the recent crash because I already warned you about the dump 2 days before. You can check my previous posts.
Now let's get to the chart fast. BTC and Alts show some positive moves since yesterday. BTC bouncing after hitting the $40k zone and currently trading at $43,800. There is resistance at $44,100 and right now BTC rejected from there.
I expect a little pullback and then BTC breaks this $44k resistance. If BTC breaks this $44k resistance then my next short-term targets are $45,500 and $47,200. Now let BTC close above this resistance to getting a clear picture.
Can we see one more dump?
Yes, maybe we can see one more dump to the $38-$40k for liquidating the high leverage positions from the market. If this happens then be ready to buy because after that correction BTC pumps hard.
As of now accumulate some good Alts at the spot like ETH, TRX, DOT, etc, and add more in dips.
If you like this idea then hit the like button and also share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank you.
Now let's get to the chart fast. BTC and Alts show some positive moves since yesterday. BTC bouncing after hitting the $40k zone and currently trading at $43,800. There is resistance at $44,100 and right now BTC rejected from there.
I expect a little pullback and then BTC breaks this $44k resistance. If BTC breaks this $44k resistance then my next short-term targets are $45,500 and $47,200. Now let BTC close above this resistance to getting a clear picture.
Can we see one more dump?
Yes, maybe we can see one more dump to the $38-$40k for liquidating the high leverage positions from the market. If this happens then be ready to buy because after that correction BTC pumps hard.
As of now accumulate some good Alts at the spot like ETH, TRX, DOT, etc, and add more in dips.
If you like this idea then hit the like button and also share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank you.
