BTC/USDT 1W time frame CHART
#BTCUSDT Exclusive TA update :-
BTC currently trading at $47000
IMO this is best time to Buy #Bitcoin in 2022
As per chart $45000 is Strong Weekly resistance.
December Monthly Close Price is $46200
Which is act Like Strong support.
And $44000 also Monthly Good Support level .
$46400 is Weekly Strong Support.
Perfect Stop Loss for Spot Entry:- $42000
If Hold $44000 Monthly support then My 1st Target will be $55000
Most Important Point=
IfBITCOIN Break $655000 resistance then we can see Agaain All Time High 69000
Then next target will be 80k then final 100k
Bear View If break $44000 support and any Weekly candle close below $44000 then BTC bearish .
And If #btc Break 40K level Then we can see again 28800
Support Levels:-
Monthly = 44000
Weekly = 46400
Daily = $45000
BTC currently trading at $47000IMO this is best time to Buy #Bitcoin in 2022
As per chart $45000 is Strong Weekly resistance.
December Monthly Close Price is $46200
Which is act Like Strong support.
And $44000 also Monthly Good Support level .
$46400 is Weekly Strong Support.
Perfect Stop Loss for Spot Entry:- $42000
If Hold $44000 Monthly support then My 1st Target will be $55000
Most Important Point=
If
BITCOIN Break $655000 resistance then we can see Agaain All Time High 69000 Then next target will be 80k then final 100k
Bear View If break $44000 support and any Weekly candle close below $44000 then BTC bearish .
And If #btc Break 40K level Then we can see again 28800
Support Levels:-
Monthly = 44000
Weekly = 46400
Daily = $45000
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.