Here is BTC Technical Analysis ::-- BTC is Managing to Get Ov | Binance Spot Ruler.
Here is BTC Technical Analysis ::--
BTC is Managing to Get Over 200 Days Moving Average as Major Strong Support (in Day Timeframe).
Current Supports For BTC is Now Around 50000$ - 48500$.
And Major Supports Are 47000$ - 44000$ ( Only Possible in Worst Scenario ).
if BTC able hold this current supports AND close Above in day term or at least 2-3 Four Houlry candles above it then we can say Correction Time is Over after Achieving New All Time High. And BTC will be more Bullish in Short-Mid Term. We can Expect a Breakout soon which Will Lead BTC Price To Next Resistance which is now Around 53500$ Easily and To The Major Resistance 56000$ in Somedays.
But,
if BTC will unable to Hold and Close above Current Supports (Given in Top of This Post) then we Can See A Retest to Its Major Supports ( Again in Great Accumulation Zone ).
Long Term BTC Holders, Do not miss to Accumulate Some BTC in Portfolio whenever Price take Healthy 20%-35% Correction.
Read Properly All Posts and Keep following properly. You will definitely Earn great profits.
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