Bitcoin MARKET UPDATE BY TEAM TENUP
1: Bitcoin support levels - $16300 and $15,600 strong Support (is Ka Matlab yahan buyers hain).
2: Bitcoin resistance - $17200 and $18,000 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin).
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Analysis -
BTC Support is at $16,300 and strong support is at $15,600. Resistance is at $17,200 and $18,000. BTC closed its daily candle green at $16,700. Trade carefully and manage your risk according to mentioned support and resistance levels.
According to 1 hour chart, 100 EMA is acting as resistance and last three volume bars indicate low volume.
Total crypto marketcap is at $832 billion and BTC dominance is at 38.5%.
During weekends trading volume will be less due to global financial markets being closed.
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