BTC Update- BTC is currently around 50290 dollar area. The top which it made was around 58300 dollars. From then, BTC dumped to 45100 dollar area. After that, it got some support and it bounced from there. Currently its been into consolidation but trend has turned bearish on LTF(Lower time frame) In HTF, its all ok. BTC needs more time to settle the dust. Now we have a flip zone which was support before and now it has turned its resistance. That resistance area is from 51000 - 52000 dollar area,. Until that area is cleared , we need to be more cautious. Because if BTC suffers, alts will follow. Increase your alt position only when BTC gives clear idea. More details on charts- https://www.tradingview.com/x/BzKgP1VX/ 1.4K views18:31
