PAXFUL:BTCUSD
Bitcoin is gaining Momentum after touching our buy zone 1 (at 55K$) which provided support to the price.
It is still hovering over the price region of 57K$-58K$ and if Bitcoin goes above this Price which is a major Resistance, We can expect BTC to go for a good run upwards gaining momentum from the support of the price region 57-58K$ which is our BUY ZONE 2. We can wait for a while to see if the price breaks this resistance or goes back down to our previous BUY ZONE 1.
Bitcoin is gaining Momentum after touching our buy zone 1 (at 55K$) which provided support to the price.
It is still hovering over the price region of 57K$-58K$ and if Bitcoin goes above this Price which is a major Resistance, We can expect BTC to go for a good run upwards gaining momentum from the support of the price region 57-58K$ which is our BUY ZONE 2. We can wait for a while to see if the price breaks this resistance or goes back down to our previous BUY ZONE 1.