We can see since 20th June BTC is getting rejected 3 times from 35k levels, So it is good resistance for BTC
Also, BTC is trying to break its rangebound levels 41k- 31k levels
Conclusion -BTC falls - BTC rangebound-BTC trying to break 30K levels
we can see BTC further fall below 25k-20k levels
DYOR
BTC can fall below 30k to 25k-20k as Support of 30k is weaker and was hit 4 times since 19th May
My suggestion is not to open any new Long position now until BTC is not closed above 35k levels on a 2-day candle
DYOR
There are two levels where we can see good movement for a news thing. As of now 1.12, if close above 1.2 on 1hr candle with higher high we can buy. Second if close below 1 on 1hr candle with a lower low candle we can sell. Whichever comes first with Volume is the direction for the news. Chances of a move upwards as it already near to 1.2, Buy-Side 1st target is...
BTC Trying to break its previous trend Since 12th May, Still above 44k level I am bullish for 48- 50k level, Still it is a neutral stage for BTC as it continues to remain in trend line levels. DYOR before investing/Trading
