Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. Currently, many things going on in the market. The fight between Sam and CZ create this fud and plumbed the whole market. Anyways, all these funds give us a buying opportunity so no need to panic here, BTC is still fine.
Now let's get to the chart.
BTC breaks below the $20k support area and currently trading around the $19.5k level. We have two major support areas for BTC. One is $19.2k-$19.4k (already hit) and another one is at the $18.4k-$18.8k level.
IMO BTC must hold the $19.2k-$19.4k support area and bounce. In any case, if we break and close below the $19.2k level then be ready for more dump.
As of now, try to be patient and don't buy anything in a hurry. As you know this will be a very busy week. After two days, on the 10th of Nov, we have an FOMC meeting so that will be another important event to keep an eye on. Wait for the right time and always buy in partial with a proper stop loss.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC update. Currently, many things going on in the market. The fight between Sam and CZ create this fud and plumbed the whole market. Anyways, all these funds give us a buying opportunity so no need to panic here, BTC is still fine.
Now let's get to the chart.
BTC breaks below the $20k support area and currently trading around the $19.5k level. We have two major support areas for BTC. One is $19.2k-$19.4k (already hit) and another one is at the $18.4k-$18.8k level.
IMO BTC must hold the $19.2k-$19.4k support area and bounce. In any case, if we break and close below the $19.2k level then be ready for more dump.
As of now, try to be patient and don't buy anything in a hurry. As you know this will be a very busy week. After two days, on the 10th of Nov, we have an FOMC meeting so that will be another important event to keep an eye on. Wait for the right time and always buy in partial with a proper stop loss.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
