BITCOIN DAILY UPDATE - 35.8 Re-test is very important point...
Hello trading friends,
This is a daily update with last trends for BTCUSDT.
Last time we see a BTC price action that depends on the Russia - Ukraine trend - and yes it's normal that BTC follows this as its following also sometimes the stockmarkets trends. For this reason, there should be good risk management on all possible unexpected changes that could happen.
Price is now below the 35K trend.
Data:
Bitcoin had a breakdown day last 24H - and in before updates did add about the important point 36.4 where more breakdown did start to 34K area - from there we see a small trending to uptrend - wich still not are into the level we want to have it for BTC for further uptrend - And coming time it's important that BTC hits the 35800+ with a time frame to go into new uptrend - what could end into small time frame by 37K level.
BTC just looking for the right way - depending on before whale data there was no reason for sell the trends , until the news with Ukraine and Russia
Let's see coming time how the BTC price will handle and or we will hit the important re-test level of 35.8 with confirmation.
Have a great day.
This is a daily update with last trends for BTCUSDT.
Last time we see a BTC price action that depends on the Russia - Ukraine trend - and yes it's normal that BTC follows this as its following also sometimes the stockmarkets trends. For this reason, there should be good risk management on all possible unexpected changes that could happen.
Price is now below the 35K trend.
Data:
Bitcoin had a breakdown day last 24H - and in before updates did add about the important point 36.4 where more breakdown did start to 34K area - from there we see a small trending to uptrend - wich still not are into the level we want to have it for BTC for further uptrend - And coming time it's important that BTC hits the 35800+ with a time frame to go into new uptrend - what could end into small time frame by 37K level.
BTC just looking for the right way - depending on before whale data there was no reason for sell the trends , until the news with Ukraine and Russia
Let's see coming time how the BTC price will handle and or we will hit the important re-test level of 35.8 with confirmation.
Have a great day.
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