BTC Update:
BTC is struggling to break and hold above the $37,300-$37,500 area. If BTC rejected again from there the local support is $36.500 area and after that $35,500 zone. Bitcoin bulls trying hard to break this level and testing it multiple times. Bulls need to flip this level as support to move higher. The good thing is BTC broke and holding above the 200 MA on the 4-hour chart. Let's see how the market move, the next 2-3 days are very crucial and decide the market moment.
BTC is struggling to break and hold above the $37,300-$37,500 area. If BTC rejected again from there the local support is $36.500 area and after that $35,500 zone. Bitcoin bulls trying hard to break this level and testing it multiple times. Bulls need to flip this level as support to move higher. The good thing is BTC broke and holding above the 200 MA on the 4-hour chart. Let's see how the market move, the next 2-3 days are very crucial and decide the market moment.