#BTC/USD Update
📊 4H-Frame 📉 S & R 📈 Chart Update
#Bitcoin is in a healthy correction after rejecting from the important 48310$ resistance (Daily MMA 200) and currently is trading above the 45000$ support.
Staying above 45000$ by closing daily candles and going back above the 46211$ resistance again, will be a great sign for a possible reversal point from this area toward 51000~52000$.
Otherwise, The correction may continue to retest 44000~43000$ supportive area again.
This correction can be a good chance to buy more Bitcoin again.
📈 Resistances : 45500 - 46211 - 48310 - 49150
📉 Supports : 45000 - 44000~43000 - 42000
📊 4H-Frame 📉 S & R 📈 Chart Update
#Bitcoin is in a healthy correction after rejecting from the important 48310$ resistance (Daily MMA 200) and currently is trading above the 45000$ support.
Staying above 45000$ by closing daily candles and going back above the 46211$ resistance again, will be a great sign for a possible reversal point from this area toward 51000~52000$.
Otherwise, The correction may continue to retest 44000~43000$ supportive area again.
This correction can be a good chance to buy more Bitcoin again.
📈 Resistances : 45500 - 46211 - 48310 - 49150
📉 Supports : 45000 - 44000~43000 - 42000