BTC DAILY (8H) ANALYSIS
Bitcoin currently at $39500, We did see the closing of 40900 last night with BTC testing it levels at 39200 :clap:
So what now PUMP OR DUMP?
PUMP SCENE:- Wait for BTC to crack it resistance near 41k, If it does, Get in during the retest!
DUMP SCENE:- If today's closing is below 40k & we break the ascending trendline, we can short it until the previous lows.
If we hold this level and bounce from here, We can see upward movement during this week!
Support:- 39500/36000
Resistance:- 42000
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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.