Bitcoin Strong Support!
Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Bitcoin currently is still very bullish, we have the 20/21 EMA around 50K as a strong support. Also we have the yellow line that will act as a support. If we look back we can see every time bitcoin hits the bottom of the yellow line we have a nice bounce! if the 48-52K hold we can look to retest our next resistance around 62-63K if that breaks lets go for 70K!
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Bitcoin currently is still very bullish, we have the 20/21 EMA around 50K as a strong support. Also we have the yellow line that will act as a support. If we look back we can see every time bitcoin hits the bottom of the yellow line we have a nice bounce! if the 48-52K hold we can look to retest our next resistance around 62-63K if that breaks lets go for 70K!
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