BTC/USD (Must Hold 40k Dollars)

25 Sep 2021

💎Technical Analysis Summary💎


BTC/USD

-The previous support area has turned resistant today
-This zone is a perfect entry for the sellers to enter the market
-Another lower high structure is being painted by the Bears
-The Bulls needs a lot of work to do, they need to defend its recent mid support
-If the buyers can hold the 40k dollar area and bounces up like a double bottom reversal
-That can be our next step to look for a new trading opportunity in the coming days
-I am still not into any swing trade yet, and I am patiently waiting for the best confirmation
-Stay safe everyone and please manage your risk if the market is not in your favor



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