BTC QUICK UPDATE! MIGHT SEE $38K SOON!!
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Welcome to this BTC update.
BTC is trading inside descending channel in a 10hr time frame. In this channel, we see that BTC is forming Higher lows and lower lows. So from here, we might test a new LL which is around 35k.
After hitting that new LL we might see a relief rally which will take us to 38k. If daily close above 38k then we again see a bullish rally otherwise there is a high chance that we reject from 38k. Let's see how it goes.
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 update.
BTC is trading inside descending channel in a 10hr time frame. In this channel, we see that BTC is forming Higher lows and lower lows. So from here, we might test a new LL which is around 35k.
After hitting that new LL we might see a relief rally which will take us to 38k. If daily close above 38k then we again see a bullish rally otherwise there is a high chance that we reject from 38k. Let's see how it goes.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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