Quick BTC update- Before you get excited, we need to understand that we are still under water for now. Currently BTC is around 39150 dollar area. It has cleared one resistance zone which was around 38900 dollar and probably it should take support on that area now. The very next resistance area which we need to finish is 42000-43000 dollar zone. That area has acted as strong support zone in past and now it will act as strong resistance. Until we are below this zone, there is nothing for which I am excited though. It cab be a relief bounce but more confirmation will come after that only. Lets go level by level . See the charts for more details- https://www.tradingview.com/x/NK42CsQ2/ 1.3K views04:10
