Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart that BTC is lying on a very important support level but IF BTC BROKE DOWN THIS IMPORTANT SUPPORT LEVEL THEN THE MARKET WILL BE SUPER BEARISH but there are some reasons that BTC is bullish like RSI is in oversold range or making the same pattern like before as previous.
let's see how the daily candle closes.
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