Bitcoin Quick Update
Bitcoin is now at the local support zone. The must hold point for BTC is $56,000 and we will see a bounce from there. If BTC unable to hold the local support zone we will see a retest of $54,500 and a possible wick to $53,500 zone. This is just a small correction after the recovery rally and nothing to worry about it.
The resistance zones are $58,400 and $60,000 and a close above $60,000 will turn the market sentiments bullish again. We will keep updating you on BTC moments.
Bitcoin is now at the local support zone. The must hold point for BTC is $56,000 and we will see a bounce from there. If BTC unable to hold the local support zone we will see a retest of $54,500 and a possible wick to $53,500 zone. This is just a small correction after the recovery rally and nothing to worry about it.
The resistance zones are $58,400 and $60,000 and a close above $60,000 will turn the market sentiments bullish again. We will keep updating you on BTC moments.