Hello traders,
I hope you're all safe and sound.
Since reaching the all-time high of $73.8k, BTC has already undergone a 12% correction and it seems this correction is just beginning.
In this 6-hour chart, we observe two major support levels for BTC: the first is the 100 EMA at the current price level and the second lies at $63k. If these supports are breached, the next level would be between $57k-$59k.
I trust this information is helpful. Trade safely.
Regards,
Team Dexter.
#BTCUSD
I hope you're all safe and sound.
Since reaching the all-time high of $73.8k, BTC has already undergone a 12% correction and it seems this correction is just beginning.
In this 6-hour chart, we observe two major support levels for BTC: the first is the 100 EMA at the current price level and the second lies at $63k. If these supports are breached, the next level would be between $57k-$59k.
I trust this information is helpful. Trade safely.
Regards,
Team Dexter.
#BTCUSD
