🚨Ok,guys,I am back with another $BTC update.
so,what's going on?
Let's understand what's going on with $BTC .
I attached an image down below and marked a trendline. This trendline looks like support marked by arrow. Now, if the support holds after the breakout of resistance,then we call it retest of support. If any support breaks down, then it is also retested. the market just touches it and falls, which we call retracement, which is a different concept.
As long as 108000-800 holds, we can go to 109500-110500 for retest. If this zone breaks down, the next support is 107500, then 106600, then 105500.$BTC has been trading in the support to resistance channel for the last 2 months.
Anyways,this is my research. You guys do yours,and if you guys find my content helpful,do follow me for more.