Bitcoin Exclusive Technical and Fundamental Analysis:-
#Bitcoin is currently in a range of $36,000 to $37,000 due to global geo political circumstances.
and
right now the best this is it is fully respecting the major strong support of $36,000 that is also Daily Demand zone.
We have witnessed a sharp fall and correction in last couple of weeks.
BTC 12-Hour Chart perfectly forming Head & Shoulder pattern,
and
completed Left Shoulder part made high of $39,285 and Head Made high of $45,850.
Now if it follows perfectly we can expect BTC to make high of around $39,500 in right shoulder with a crucial Neck Line Support of $36,000 which hold is a must to full fill the pattern to work.
So let’s wait for BTC confirmation.
Long Term Trend Line already broke out and $36,000 range is perfect for Retest level.
It’s not a financial advice just a research, Do your own research before opening any position.
Thank you
With Love,
CryptoPatel