Welcome members to this BTC update.
The last 24 hours were tragic for BTC but before we even realize it, it pumped back to the same level from where it dumped. A 13% drop to 15% rise within the last 48 hours.
If we look into the chart then BTC dropped to the bottom trendline making new support and then bounce back-breaking above the Fib level and resistance. Currently, we can see some retests here, and if BTC fails to hold this level then it may possibly drop back again. A bounce on the other hand can lead the price up to $41k.
Talking about the profit and losses then I already warned you guys in my previous update and advised you all to step aside and observe the market. I hope you guys followed. Making profits is good, and having no trades is ok, losing money is not good, and holding a losing position is a pain. So, make sure you stay safe and analyze the market before opening any trades.
Did you guys make a profit or book losses? Let me know in the comments.
Do like and follow.
Thank you.
The last 24 hours were tragic for BTC but before we even realize it, it pumped back to the same level from where it dumped. A 13% drop to 15% rise within the last 48 hours.
If we look into the chart then BTC dropped to the bottom trendline making new support and then bounce back-breaking above the Fib level and resistance. Currently, we can see some retests here, and if BTC fails to hold this level then it may possibly drop back again. A bounce on the other hand can lead the price up to $41k.
Talking about the profit and losses then I already warned you guys in my previous update and advised you all to step aside and observe the market. I hope you guys followed. Making profits is good, and having no trades is ok, losing money is not good, and holding a losing position is a pain. So, make sure you stay safe and analyze the market before opening any trades.
Did you guys make a profit or book losses? Let me know in the comments.
Do like and follow.
Thank you.
