#BTC needs to Hold, this level. Don not Panic!

BTC is holding the black trendline support.
It is highly likely to stay on this level and bounce.
if it doesn't and closes below 35D MA (This one is one of my secrets that I am sharing with you all.)
THE 35D MA works like a charm in 2 hour chart for long and short entries.
It can be very useful for scalping BTC.

So coming back to the chart. If price closes below this MA. Below $54,300. BTC may reach the 52k level (Scenario 2 ) bouncing off the neckline of the head and Shoulders pattern.

So look for entries on both levels, $51500 fo $54600.
If you haven't opened long yet.

Do hit the like button if you like this update and share your views in the comment section.

Trade safely
#PEACE

Trade active:

Perfect as I can say.
See how accurate 35D MA works?
Start using this indicator before this one goes public and every Tradingview author starts posting 35D MA charts. Haha