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#BTC UPDATE
BTC has completed an inverse head and shoulder pattern, which is technically a strong bullish pattern.
As of now, bulls are showing momentum as the bullish volume is expanding, and a solid breakout above the strong horizontal resistance of 25K.
we need a daily candle close above it, then it will be the confirmation of the bull run in the market.
I would also love to know your charts and views in the comment section.
Thank you
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As I said we need a daily candle close above the 25k horizontal resistance for the confirmation but BTC close the daily candle below the resistance so, for now, BTC is not giving any confirmation. so better to wait for good Opportunities.
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BTC is at resistance in the daily timeframe.
Nothing much Complicated I will make it simple, If it breakout and close daily above the 25k resistance then we can expect some good bounce but if it doesn't do that then it may come to around 22k.