BTC Update in detail- After the last update on BTC by chart, | Money king

BTC Update in detail-


After the last update on BTC by chart, it has exactly followed the same thing..

Now moving with next details,
Currently BTC is around 44756 dollars.

Its been bearish from last 4 days and I have been saying this from the same time..

Currently its holding at a support level which is quite strong and which has been tested .

That level is 44000-45000 dollar zone.

EMA of 200 falls in this area.

Now, as you can see that BTC is forming ascending triangle which is bearish formation and if we break the current neckline than we can test 39000-40000 dollar area next.

Unless we are back above 48600 dollar are, it will be all bearish.

Once we are back above that area, then only we can think of next move.

Stay safe.
Cheers!!!
More details on charts-

https://www.tradingview.com/x/c67jMrky/