Welcome folks to this BTC update.
It's my privilege to help you guys with my ideas and T.A. For those of you who are a part of my community, I wanna thank you guys for showing your continuous support. I am here to keep you guys updated and take this community to another level.
Current Scenario:
BTC has taken enough guts to say, "I ain't going down" but I wonder how long will it hold? According to the T.A, BTC is yet to hit the resistance level which is at $46k, and who knows maybe after that BTC will reject like it did in the past. Whether the rejection happens now or after $46k, one thing is clear that BTC must show some retest soon cause for a healthy and genuine rally in STF, a retest is a must.
BTC is already 22% up and the RSI is at the overbought zone which indicates a rejection to happen soon. It is also possible that BTC will deny all rejection and break through the resistance level. So, let's be prepared for all the circumstances.
What do you think about BTC? Will it rally higher or $46k is the limit?
Let me know in the comments section.
Do like, share, and follow for more interesting updates.
Thank you.
It's my privilege to help you guys with my ideas and T.A. For those of you who are a part of my community, I wanna thank you guys for showing your continuous support. I am here to keep you guys updated and take this community to another level.
Current Scenario:
BTC has taken enough guts to say, "I ain't going down" but I wonder how long will it hold? According to the T.A, BTC is yet to hit the resistance level which is at $46k, and who knows maybe after that BTC will reject like it did in the past. Whether the rejection happens now or after $46k, one thing is clear that BTC must show some retest soon cause for a healthy and genuine rally in STF, a retest is a must.
BTC is already 22% up and the RSI is at the overbought zone which indicates a rejection to happen soon. It is also possible that BTC will deny all rejection and break through the resistance level. So, let's be prepared for all the circumstances.
What do you think about BTC? Will it rally higher or $46k is the limit?
Let me know in the comments section.
Do like, share, and follow for more interesting updates.
Thank you.
