#btc update

9 apr 2022

#BTC broken the consolidating range to the downside and again made a down impulsive move lower after the retest. Price is about to reach the major support level around $42,000 and also we're mentioning from previous post that price is breaish unless it shifts the momentum from any major support level.

11 apr 2022

Nota

Bitcoin is trying hard to hold above the support area. The wicks below the support show stop loss hunting and liquidations. If BTC breaks below $42,000 and closes a candle below it then we see a dump towards the $40,000 support area. Use stop loss in all trades.