BTC BREAKS ABOVE $38K! WHAT'S NEXT?
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Welcome to this BTC/USDT update. Yesterday after some good news from Russia and Ukraine war situation BTC pumps amazingly and we have seen a god candle. After that news, BTC touched almost $40k
So what's next? Right now BTC has some serious resistance zone between $38.5k-$40.5k level. So now, I'm expecting two scenarios here.
The first scenario is if BTC does not break this resistance zone and is rejected from there then we again see a dump in the market and all these pumps become failure.
The second scenario is if BTC successfully breaks and holds above the $38.5k-$40.5k resistance zone then we see a good pump in BTC all the way to $45k
As of now, I'm not taking any positions yet. Holding my BTC and some fiat to buy at $30k(if it comes).
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC/USDT update. Yesterday after some good news from Russia and Ukraine war situation BTC pumps amazingly and we have seen a god candle. After that news, BTC touched almost $40k
So what's next? Right now BTC has some serious resistance zone between $38.5k-$40.5k level. So now, I'm expecting two scenarios here.
The first scenario is if BTC does not break this resistance zone and is rejected from there then we again see a dump in the market and all these pumps become failure.
The second scenario is if BTC successfully breaks and holds above the $38.5k-$40.5k resistance zone then we see a good pump in BTC all the way to $45k
As of now, I'm not taking any positions yet. Holding my BTC and some fiat to buy at $30k(if it comes).
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Commentaire:
BTC is strongly rejecting from the $40.5k resistance. We have to break above this resistance cluster anyhow to make a further bullish movement. Currently, it's trading above 100 ma which is a good sign so far. But still stay cautious with your trades until we break and close above $40.5k resistance.
BTC is strongly rejecting from the $40.5k resistance. We have to break above this resistance cluster anyhow to make a further bullish movement. Currently, it's trading above 100 ma which is a good sign so far. But still stay cautious with your trades until we break and close above $40.5k resistance.
BTC is breaking out and ready to test $45k once again. All we need is to break and hold above $40.5k