Bitcoin formed Inverse head and shoulder but it rejected from resistance. 200 DAY MA also worked as resistance at $40700. 42k-43k is further big resistance for btc. Beasris RSI and MACD also playout which pull back btc price.
But now BTC havegood support at 35700-36500. Below this level will create more panic for btc. We expect bounce from this zone and should test 40500 and 42500.
BTC monthly options expiry in 24 hrs which can another trigger for BTC at the moment.
But now BTC havegood support at 35700-36500. Below this level will create more panic for btc. We expect bounce from this zone and should test 40500 and 42500.
BTC monthly options expiry in 24 hrs which can another trigger for BTC at the moment.