MU_Traders
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In last $BTC update we mentioned three t.p $69,500 $70,000 & $71,800. Now you can see where is #BTC☀ price. Now here is next move of BTC:-
According to technical analysis BTC is approaching its most important resistance area of $73K-$74K. This area is much stronger bcz many people who bought at top will try to exit at break even and many people who bought at $56K ,$50K will book profits. Such resistance usually take some time to get break. Means it will not get break in first attempt , it will take 2,3 tries and then break .
If we look on volume then it is indicating #bitcoin☀️ can reach $75K this or upcoming week. But as we said mostly that instead of going hypothetical values go through analytical and calculated Values . So, for short term we can expect $73,500 area. BTC is trying to hold 72K area right now.
If #Bitcoin❗ close today 1D candle above $73500 then we can see $75K also this week. But at that time just wait for $73,500. Once it hit we will analyze chart again and then share with you.
If you find this post helpful then don't forget to like and follow #MU_Traders for more updates .
#BTCBreak71K
According to technical analysis BTC is approaching its most important resistance area of $73K-$74K. This area is much stronger bcz many people who bought at top will try to exit at break even and many people who bought at $56K ,$50K will book profits. Such resistance usually take some time to get break. Means it will not get break in first attempt , it will take 2,3 tries and then break .
If we look on volume then it is indicating #bitcoin☀️ can reach $75K this or upcoming week. But as we said mostly that instead of going hypothetical values go through analytical and calculated Values . So, for short term we can expect $73,500 area. BTC is trying to hold 72K area right now.
If #Bitcoin❗ close today 1D candle above $73500 then we can see $75K also this week. But at that time just wait for $73,500. Once it hit we will analyze chart again and then share with you.
If you find this post helpful then don't forget to like and follow #MU_Traders for more updates .
#BTCBreak71K
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BTC
95,033.41
+0.72%
