BTC holding support

١٨ أبريل ٢٠٢١

BTC has maintained its trendline support area as seen in the above graph. It has bounced perfectly from the horizontal support at $50,300. This indicates that there is a good buying pressure and demand in this zone. We could see a potential tap of the $46,000 and $42,000 areas which would be good places to enter BTC long trades.