💎BTC/USD🌴FREE UPDATE🌴
- Yello ladies and gentlemen🚬😎💰
💎Bitcoin is once again perfectly following our analysis! Dropped further as anticipated in the last FREE update and recently bouncing, from our support zone ~10,200$.
💎However, we have developed some strong overhead resistance at our previous support zone (11000$-11100$).
💎While this bounce may seem convincing, this is not a reversal signal yet and ParadiseTeam believe, that the market is still quite bearish. Considering the strong sell-off we saw in the US markets yesterday, furthermore, we seeing again a correlation between the S&P500 and BTC.
💎So, another drop in stocks and equities markets, can trigger another sell-off for Bitcoin, with an immediate drop down target at 9100$ if the support at around ~10,200$ is lost.
- Yello ladies and gentlemen🚬😎💰
💎Bitcoin is once again perfectly following our analysis! Dropped further as anticipated in the last FREE update and recently bouncing, from our support zone ~10,200$.
💎However, we have developed some strong overhead resistance at our previous support zone (11000$-11100$).
💎While this bounce may seem convincing, this is not a reversal signal yet and ParadiseTeam believe, that the market is still quite bearish. Considering the strong sell-off we saw in the US markets yesterday, furthermore, we seeing again a correlation between the S&P500 and BTC.
💎So, another drop in stocks and equities markets, can trigger another sell-off for Bitcoin, with an immediate drop down target at 9100$ if the support at around ~10,200$ is lost.
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.