BTC

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BTC update: 21/3/2022


After 3 months of break down from the previous support a bullish ascending triangle pattern can be seen. RSI, OBV is supporting the pattern for bullish reversal.

If price drops near 37-39K It will be good for us to grab some bags of BTC with SL(stop loss) set at 35K. I am expecting price may finally breaks above 45-46K in April/May reaching towards 50K.

If price is able to break 45K then it may feel little sell pressure at 50K so plan accordingly and take some profits there. Price may stay side ways for few week near 50K then continue up or down will see and update that time.