Alright! This is by your demand.
Many of you wanted a BTC update on a lower timeframe, so here's my analysis on the 2-hour timeframe.
Note: Make sure you do your own research and analysis before investing.
BTC got rejected, as we can see. It perfectly hit the resistance trendline from our previous update and is currently near the support trendline and support box.
BTC will likely hit the blue box ($57.7k-$58.4k) or close to it, followed by a rebound.
Warning: If BTC closes below the blue box support, it could drop to around $54.7k.
Be cautious, and trade safely.
#Crypto #BTCUSDT
Many of you wanted a BTC update on a lower timeframe, so here's my analysis on the 2-hour timeframe.
Note: Make sure you do your own research and analysis before investing.
BTC got rejected, as we can see. It perfectly hit the resistance trendline from our previous update and is currently near the support trendline and support box.
BTC will likely hit the blue box ($57.7k-$58.4k) or close to it, followed by a rebound.
Warning: If BTC closes below the blue box support, it could drop to around $54.7k.
Be cautious, and trade safely.
#Crypto #BTCUSDT
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