Bitcoin target 20300

Bitcoin MARKET UPDATE

Bitcoin support levels - $16,600 and $16,300 strong Support

Bitcoin resistance - $17,000 and $17500 strong resistance

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Analysis -
BTC Support is at $16,600 and next Support is at $16,300. Resistance is at $17,000 and next resistance is at $17,500. Trade carefully and manage your risk according to mentioned support and resistance levels.

BTC closed its daily candle green at $16,442.

Looking at 1 hour timeframe, BTC was able to break out its $16,600 resistance with high volume and turned it into support. Currently BTC is trading around its resistance area $17,000.