Bitcoin
Long
Updated

$BTCUSD - Support withheld for now

223
Hi guys! ๐Ÿ‘‹๐Ÿป

๐Ÿ”” There is a strong support zone at $43000 and $43800 levels which Bitcoin tested and for now keeps above them.

๐Ÿ”” This support area is also backed by EMA50 and MA200. First strong retest is at $48000 if closes above then will reach the $51500.
tradingview.com/chart/jEJL4Br1/

๐Ÿ”” Keep in mind that $52900 is a Fibo 0.618 of April 13's correction, so for new highs closing above this level is a must.

โœŠ๐Ÿป Good luck with your trades! โœŠ๐Ÿป
If you like the idea hit the ๐Ÿ‘๐Ÿป button, follow me for more ideas.
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