BTC IS MOVING IN A RANGE! SHOULD BOUNCE FROM HERE!!
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Welcome to this quick BTC update.
BTC is moving between a support and resistance range. Support for BTC is at around the $20k level and resistance is at the $21k level. After the FOMC meeting, BTC is still holding the $20k support level pretty well so far, and as long as it holds, we can expect a bounce from here.
Break and close below $20k will be bad and we might go for lower support. For a good bullish rally, BTC must need to break and hold above the $21k level.
Hope this chart helps you in making a good decision regarding your trades.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this quick BTC update.
BTC is moving between a support and resistance range. Support for BTC is at around the $20k level and resistance is at the $21k level. After the FOMC meeting, BTC is still holding the $20k support level pretty well so far, and as long as it holds, we can expect a bounce from here.
Break and close below $20k will be bad and we might go for lower support. For a good bullish rally, BTC must need to break and hold above the $21k level.
Hope this chart helps you in making a good decision regarding your trades.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
