BTC GOT REJECTED AND CURRENTLY HOLDING SUPPORT AT $45.5K.
Welcome members to this update on BTC.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
In my previous update, I mentioned the $48k resistance level and the possibility of a retracement in the market. Well, BTC did get rejected from the $48k resistance and the current price is holding important support at $45500.
BTC must hold this support in order to rally higher and if it gets rejected then BTC can drop up to the $43k to $40k levels.
Let's see if BTC can hold this support level or not.
Do like and follow for more updates.
Thank you.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
In my previous update, I mentioned the $48k resistance level and the possibility of a retracement in the market. Well, BTC did get rejected from the $48k resistance and the current price is holding important support at $45500.
BTC must hold this support in order to rally higher and if it gets rejected then BTC can drop up to the $43k to $40k levels.
Let's see if BTC can hold this support level or not.
Do like and follow for more updates.
Thank you.
