Daily chart update -

One the daily chart BTC seems to do an attempt to break 39500 resistance(RSI signaling a trend change already ).If sustaining above 38k it often are good for a breakout. If that can break btc can go towards 44000$ - 50000$

Lets see will continue the momentum or not...

4H BTC breakout done🚀 . A good move is coming.on minor time frame all chart is bullish so hope a move up🔥. Keep eye on BTC 👀

BTC Crossed 40000$🚀💪

Breakout and retesting . 4H picture looks still pretty good🔥

Daily chart update -

yesterday , BTC did another example of the fakeout on top of the range .daily chart seems to do an second attempt to break 39500 major resistance(RSI indicates that bullish momentum is building up ). If bulls can break this resistance btc can go towards 44000$ - 50000$

In wrost scenario - If bulls fail to break higher then i consider the 33k and 31k as next key support

What a sell pressure of btc above 37400$ in consolidation breakout levels.👀(Selling pressure due to many fud already in market).Now came back to the Minor support zone( just went back to Downtrend 2 ) . if btc respect current level then this dump will become a retracement then buyer will come next days.otherwise , as per we talk early will visit 33500 soon....Dips could mean opportunity here✔️

More than $670M were liqudated in last 24H.

Daily update -

Still RSI indicates that bullish momentum is building up on daily chart. But Price still need breakout above 39500 resistance for 44000$ - 50000$+ Target.Be patient... Dips could mean opportunity here. waiting for good volume here

Ethereum Fear and Greed Index is 45

Miners keep holding $BTC👍🏻

Chinese regulations can force miners to sell their rigs but not Bitcoin.

source -CryptoQuant

Another FUD from China

China FUD helped again btc to test the important support zone🥵.Ignore the FUD until it's stables down🤝

32500 - 31000 important support zone

if failed to hold this area then more painfull for short term investors 😭😭😭😭😭😭

I personally hope a bounce from current support level ( 31000 - 32500 ) . you can buy BTC when it reach above mentions zones for adding up your long term bag👆🏻Be patient ... 🤝Dips could mean opportunity here for long term investors ✔️

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#BITCOIN broken out 31000$ - 30000 strong support. 📉
If daily candle close below this support would be more bearish than bullish implying further breakdown. BTC need to respect current support levels on daily chart.

scenario 1

📉 IF BTC 1D candle close below support zone ,we might see correction to 24$k - 26k$ levels .

Scenario 2

📈If BTC 1D candle , manages to close above support and price ejection from 29$k , Then potentially it will be a final bottom

Lets see daily close to check where it gone👀

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