BTC 1D analysis Crash Expected or a PUMP AUG Predictions

١١ أغسطس

So I have been analyzing BTCUSDT in Daily time frame, as you can see BTC recovered well after crashing and touching the 40500 - 48500 area, it is yet to create double bottom if it wants to touch the 66500 area, of course there is a major resistance at this level, while making double bottom there are great chances that it hits 57144 - 58210 range and pump heavily and then go for the 66500 area, but if it breaks down to 54500 then chances are that it will be reaching in 40500 - 48500 area where there is a major support. so wait till it makes a bottom area and observe how it reacts and take trades accordingly.

and again i am not a financial or crypto investment advisor, but yeah these analysis have some weight and will give you some idea. please follow and like.

happy trading.