BTC Update:
BTC breakout the resistance area of $37,300-$37,500 and gives a perfect retest. BTC now rejecting from the $39,500 resistance area. To continue the upward moment BTC should hold above the $37,500 area. The local support is $38,500 and then $37,800. BTC showing bullish strength on lower time frames. The key point to cross is the daily 200 MA and $42,500 resistance.
BTC breakout the resistance area of $37,300-$37,500 and gives a perfect retest. BTC now rejecting from the $39,500 resistance area. To continue the upward moment BTC should hold above the $37,500 area. The local support is $38,500 and then $37,800. BTC showing bullish strength on lower time frames. The key point to cross is the daily 200 MA and $42,500 resistance.