Analysis on 2h chart of BTCUSDT binance
-->bitcoin dropped from its peak value of 65K$ to 47.5K$ this may be looking a big number but according to percentage value it just dropped 26% and
this is a healthy pullback to reach greater heights like 75k 80k also,this pullback matches with other pullbacks that lead btc to reach greater heights.
---->1day candle closing above 46k confirms the pump but going below the 43-45k resistance MAY be a start of bear season for BTC but alts will remain bullish.
----> Till now BTC holds the 48-49k resistance hope 1d candle closes above 50k today.
-->bitcoin dropped from its peak value of 65K$ to 47.5K$ this may be looking a big number but according to percentage value it just dropped 26% and
this is a healthy pullback to reach greater heights like 75k 80k also,this pullback matches with other pullbacks that lead btc to reach greater heights.
---->1day candle closing above 46k confirms the pump but going below the 43-45k resistance MAY be a start of bear season for BTC but alts will remain bullish.
----> Till now BTC holds the 48-49k resistance hope 1d candle closes above 50k today.
Comment:
BITCOIN AT CRUCIAL RESISTANCE IF IT BREAKS IT WE CAN SEE 58K OR 60K TODAY
Comment:
bitcoin moved to the upside as expected but tweets made it to reverse again hope we not go below 32-34k