BTC update:
BTC update:
BTC is trying hard to break above the 21 MA. Once it breaks above this MA then we may possibly see BTC reaching 68k to 70k.
If BTC fails to hold the current support level and breaks below the lower trendline then we may see BTC dropping to 60k or even lower.
Key points to monitor will be:
1. The daily close above 65k.
2. BTC breaking above the 21 MA.
3. Support level at 62k to 63k.
Trade safe and stay tuned.
BTC is trying hard to break above the 21 MA. Once it breaks above this MA then we may possibly see BTC reaching 68k to 70k.
If BTC fails to hold the current support level and breaks below the lower trendline then we may see BTC dropping to 60k or even lower.
Key points to monitor will be:
1. The daily close above 65k.
2. BTC breaking above the 21 MA.
3. Support level at 62k to 63k.
Trade safe and stay tuned.
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