Here is BTC Technical Analysis ::-- BTC is Currently in Downt | Binance Spot Ruler.

Here is BTC Technical Analysis ::--

BTC is Currently in Downtrend from Last 8-9 Weeks.
Trend Reversal is very much Expected here.

MACD is Bullish + RSI is Also At Good Levels to pump back,
Fear & Greed Index also indicating that Dump should be over.

Current Support For BTC is Forming Around 28500$.
Major Support will be 26000$ - 24000$. and In Worst Scenario it can Test 22500$.

BTC Current resistance is forming around 30000$-31000$ ,
Major Resistance 33000$-34500$.

BTC need To Do Closing Above 30000$ - 31000$ (in Day/48 Hours Time Frame) to Invalidate more Dump Scenarios.


IF btc Will able to do Closing Above current and Major supports then all ok and We are Ready a Jump. It's because BTC tried Many Times in Recent Days To Do Closing Above 30000$ but Unsuccessful.
But also Mind it , This Resistance will be now weeker as Many times attempts.

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 It's Major Supports.


Trade According Support and Resistance in Short Term.


Long Term BTC Holders, Do not miss to Accumulate Some BTC in Portfolio whenever Price take Healthy Correction.


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Great Day Everyone