BTC Update #TheCryptoCity
#BTC update
BTC is currently trading at around $30,000.
It precisely rejected the resistance zone and crashed on the $29,301 level.
Now, if the price continues to rise from here, it might test 31k-32k again, and if it closes above that level, there could be an additional upside.
Otherwise, if the price drops from here, break the 29k level, and closes below it, more downside is possible.
Now, wait for some price action to develop in order to confirm the Market's next move.
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
BTC is currently trading at around $30,000.
It precisely rejected the resistance zone and crashed on the $29,301 level.
Now, if the price continues to rise from here, it might test 31k-32k again, and if it closes above that level, there could be an additional upside.
Otherwise, if the price drops from here, break the 29k level, and closes below it, more downside is possible.
Now, wait for some price action to develop in order to confirm the Market's next move.
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
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