BTC
EP 32166 31500 30700
TP 32500 32800
SL 31900
RESISTANCE 32856
SUPPORT 31485
$BTC is fighting Hard to break the resistance at the 33,000 level . After the rebound from the 29243 level which came along the B Seminar, which held few days ago involving Jack Dorsey , Elon Musk and other notaries, $BTC printed over 10% bullish trend which saw it rose to 32858 almost at the 33300 level.
As it stand if the 33k remain unbroken before the 4hr candle closes for today, there is a probability that the market price for $BTC may dragged down to around $31500 or below, considering the weekend in Nigh and with more booking profits and businesses closing for the week as well, all these may contribute to a Bearish trend or retracement as we may have it.
Any fall below 31400 can as well see us get to the 30500 region, which may yet spark another FUD and may drag the market down to the 30k region, there is a strong support around 31400 region, if this stands then we should see another movements towards 32500 and more.
$BTC has been trading 24hrs between 32182.32 - 32930, with the base support at 32165 and 31475.
Hoping to enter a trade, it will be wise to allow the current 4hr. candle to close and see what candle it prints with other factors in mind as well, this is a market you don't have to rush into.
EP 32166 31500 30700
TP 32500 32800
SL 31900
RESISTANCE 32856
SUPPORT 31485
$BTC is fighting Hard to break the resistance at the 33,000 level . After the rebound from the 29243 level which came along the B Seminar, which held few days ago involving Jack Dorsey , Elon Musk and other notaries, $BTC printed over 10% bullish trend which saw it rose to 32858 almost at the 33300 level.
As it stand if the 33k remain unbroken before the 4hr candle closes for today, there is a probability that the market price for $BTC may dragged down to around $31500 or below, considering the weekend in Nigh and with more booking profits and businesses closing for the week as well, all these may contribute to a Bearish trend or retracement as we may have it.
Any fall below 31400 can as well see us get to the 30500 region, which may yet spark another FUD and may drag the market down to the 30k region, there is a strong support around 31400 region, if this stands then we should see another movements towards 32500 and more.
$BTC has been trading 24hrs between 32182.32 - 32930, with the base support at 32165 and 31475.
Hoping to enter a trade, it will be wise to allow the current 4hr. candle to close and see what candle it prints with other factors in mind as well, this is a market you don't have to rush into.