Bitcoin on the 4h timeframe is bouncing directly from the bottom of the ascending channel
Please follow closely and beware of breaking the 65800 levels with a daily close below it
The market is currently showing a 4HR
Divergence on the RSI which is showing a possible sign of change of trend to the downside for a possible CORRECTION
around 60K
BTC/USDT Analysis Update
The market just touched the bottom completing wave 5 but it was very short, almost truncated. A bullish divergence formed on the 1H chart and we saw a nice bounce. Currently, the horizontal resistance has been reclaimed, turning it into a support flip
How to unlock your fear is just think long term. that is if you 18 -30 year olds it time you to invest in cryptocurrency I know sometimes the price can crazy up down, its normal okay. The value as same as gold
Good morning. Wishing you a wonderful new month filled with happiness, prosperity, and all the good things life has to offer. May this October be your best month yet!✨
Target for this move should be somewhere between the 0.5 - 0.65 Fib levels, which range from 63,300 USD to 64,500 USD.
However, the major resistance remains the light blue diagonal trendline , along with the yellow resistance line at 61,900 USD.