BTC quick update.

١٨ يناير

BTC is at the $41800 support level. It should hold this level or else 40k is likely to play off.

Trade safely.

١٨ يناير

ملاحظة

BTC moved fast. The 41.8k support has broken down and now BTC needs to hold the 40k support level. A breakdown and close below the 40k support will turn out scary. A bounce on the other hand will bring relief in the market.

Trade safely.

١٩ يناير

ملاحظة

BTC bounced back from the 40k support level but will this push be enough for Bitcoin to rally from this point? I am not sure for how long BTC will manage to hold the 40k support level but until it holds, BTC will continue to attempt to break above the 44k resistance. Expecting a daily close above the 42k.

Trade safely.