Bitcoin Important Updates. We're still in Blood Zone.

Please note below important points and levels

Used Fibnocci to check levels for 61.8
Important support zones : 8200 & 7737 if broken we are down
to feb and april bottom

Important resistance level 9730 if we cross this, we can
take a deep breath and sense start of bullish trend.

Above 7737 we are in safe zone... but danger zone.

If you liked by analysis, dont forget to smash the like button.

Thanks
Zia

Trade active:

AS PER MY PREVIOUS VIDEO ON BTC CRITICAL LEVELS, AFTER ENJOYING THE RIDE OF 8513, WE ARE AGAIN BACK TO 2ND KEY SUPPORT LEVEL 7831, BTC WAS DOWN NEARLY TO 7840. NOW WHAT TO DO? WAIT FOR SOMETIME, IF KEY LEVEL 2(1ST APRIL LOW) IS BROKEN AS SAID EARLIER, WE ARE DOWN. WHAT I'M PLANNING NOW TO BUY BTC AT SUCH A LOW PRICE USING OUR STABLE COIN TUSD OR USDT. DOING SO YOU WILL GET MORE BTC, AND SOONER RATES WILL AGAIN PUMP BACK TO 8500-8600 AT THAT TIME YOU CAN BOOK THE PROFITS. THIS IS HOW WE TRADE WHEN MARKET IS DOWN
APART FROM THIS MY NEW VIDEOS ON SCALPING AND SWING TRADING IS COMING...

Comment:

No improvement in bitcoin ...its just dumping and dumping.
if btc doesnt hold 7600 or above, sorry to say we are going down.
But smart traders still make money by shorting.
comment your views on this market