CoreCrypto1

BTC LTF UPDATE!

Long
BITSTAMP:BTCUSD   Bitcoin
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Welcome to this BTC /USD update. BTC is rejecting from the $45k resistance once again and drops to the support at $42,800

$45k is become very important resistance for BTC. For further bullish movement BTC has to break and close above this resistance level. Currently it is bouncing from the $42,800 support. If BTC able to hold this support then this time it will surely breaks the resistance of $45k and moving towards $50k

If in any case BTC breaks below the support of $42,800 then our next support is $40,800

IMPORTANT NOTE:- As of now BTC looks good in all time frames and looks it will ready to going in an upward direction. All we need is hold the support level of $39k-$40k
Still the main and very important resistance for BTC is $53k. Unless and until BTC did not close above $53k we are not entered in full bullish mode.

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