Welcome to this another quick update on BTC. This tie I am gonna use 1-hour timeframe to get a clear picture of BTC.
BTC perfectly broke out, retest, and now trying to break through the $44k resistance. The 21 MA is backing up from behind as good support. If BTC manages to break through this current situation then I am expecting $66k to be the next possible target.
Things may turn bearish only if BTC breaks down below the 21 MA or the upper trendline. Until then it is all good.
Altcoins like XRP, SHIB, GALA, etc. are performing excellently.
Let me know your opinion or ideas in the comments. I would love to hear from you guys.
Thank you for reading my post.
Do like, and follow for more interesting content.
Trade safe.
BTC perfectly broke out, retest, and now trying to break through the $44k resistance. The 21 MA is backing up from behind as good support. If BTC manages to break through this current situation then I am expecting $66k to be the next possible target.
Things may turn bearish only if BTC breaks down below the 21 MA or the upper trendline. Until then it is all good.
Altcoins like XRP, SHIB, GALA, etc. are performing excellently.
Let me know your opinion or ideas in the comments. I would love to hear from you guys.
Thank you for reading my post.
Do like, and follow for more interesting content.
Trade safe.
