Hello folks, I hope you all are doing well. Quick update on BTC in 3 hours timeframe.
BTC broke down below the support trendline and according to the analysis, 22.5k is expected. I am placing my orders close to the support line and will wait for the daily close. BTC must hold the 22.5k support in order to rally higher but if it fails to maintain the support then 21.4k is the following support line.
Key point: 22.5k support.
Trade safely.