BITCOIN: HOURLY UPDATE.
Hello traders, welcome to this hourly update on BTC.
Update: BTC has been well maintaining the support level in a higher TF and in a shorter timeframe, it is going sideways forming a symmetrical triangle. I would still consider 18k to 18.5k a good support level for BTC. We may see some big moves in the market soon and I would prefer a bullish move. We are close to the weekly close and this time a weekly close above the 19.5k will be good for the market.
What do you think about the current market scenario?
I'll update more on it soon until then trade safely.
Update: BTC has been well maintaining the support level in a higher TF and in a shorter timeframe, it is going sideways forming a symmetrical triangle. I would still consider 18k to 18.5k a good support level for BTC. We may see some big moves in the market soon and I would prefer a bullish move. We are close to the weekly close and this time a weekly close above the 19.5k will be good for the market.
What do you think about the current market scenario?
I'll update more on it soon until then trade safely.
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