#BTC/USD Update +
📊 4H-Frame 📉 S & R 📈 Chart Update
#Bitcoin couldn't break the 44500$ resistance area till now but it's working on it hardly. Actually is consolidating between the last broken trend lines and this resistance which is a very good sign for us. (Bullish Flag 4H-frame)
So, We're still thinking bullish about the overall situation. But in case of breaking 42500$ support and any fast correction, Consider that keeping the 40000$ as support is important for us, and if we lose that level, the best scenario will be the double bottom for us.
⚠️ 40000$ area can be a possible best buying chance if it supports the price for us!
🔥 In the Bullish scenario, the first objective is breaking the 44500$ resistance. And, Breaking up and staying above the 47000$ resistance will consider as reclaiming the Bull Market!
📊 4H-Frame 📉 S & R 📈 Chart Update
#Bitcoin couldn't break the 44500$ resistance area till now but it's working on it hardly. Actually is consolidating between the last broken trend lines and this resistance which is a very good sign for us. (Bullish Flag 4H-frame)
So, We're still thinking bullish about the overall situation. But in case of breaking 42500$ support and any fast correction, Consider that keeping the 40000$ as support is important for us, and if we lose that level, the best scenario will be the double bottom for us.
⚠️ 40000$ area can be a possible best buying chance if it supports the price for us!
🔥 In the Bullish scenario, the first objective is breaking the 44500$ resistance. And, Breaking up and staying above the 47000$ resistance will consider as reclaiming the Bull Market!