Market Update: As mentioned in the previous update that BTC i | CRYPTOLOGY

Market Update:

As mentioned in the previous update that BTC is facing resistance on weekly at 38k level for the bullish momentum it needs a breakout , BTC successfully breakout the resistance level and pumped right to the level we mentioned.

Now as the BTC pumped massively it is approaching the strong resistance levels the 42k to 43k will be the next strong resistance levels for BTC for the further bullish momentum BTC need to reclaimed these levels.

USDT.D is has break the lower trendline support due to which we have witnessed move in the BTC the USDT.D is now in the strong demand zone on weekly it has given moves from here in past as well now if it break demand zone BTC can pump more if USDT.D pumps BTC will then reject.

In the end:
As the BTC is approaching the next strong resistance level trade cautiously with tight SL.