CoreCrypto1

BTC: SHORT AND QUICK UPDATE!!

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BINANCE:BTCUSDT   Bitcoin / TetherUS
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Welcome to this BTC update. First of all there is no need to be panic here. We have seen this kind of pump and dump from the past few days.

Now let's get to the chart.

According to the 4hr chart structure BTC is still holding the support of $28,800 and currently testing the lower trendline of the symmetrical trendline. We can expect a bounce from here.

As long as BTC stays above $28k there is no need to be panic. If any 4hr candle closes below $28k then it would be very bad and we might see another low of $24k-$26k

So keep an eye on next 4hr closing.

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Thank You!

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