mbn_global

💎BTC : Fresh BUY and SELL Zones [03-JAN-2021]

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Dear Traders,
(Crypto Market Cap : 875 Billion , BTC Dominance:70.9%)

As We All Witnessed Massive PUMP in BTC from 30k, This move was really Amazing. Hope u Guys are making Profits.
In last post i discussed about a BTC is testing upper trendline of rising wedge pattern. just after publishing idea BTC gave huge breakout from the pattern.
i also mentioned tht if btc breaks this trendline then 30k is for sure and things happened as per plan.

Today i want to show u newly discovered supply and demand zones for btc. our fresh supply zone is from 34200-34600$ , at this level btc is facing heavy selling pressure.
and our newly discovered demand zone is from 30500-31600$ at this level BTC will get demand. and btc may test again 34k.
if u are waiting to buy btc then fresh demand zone is area where u can buy btc.

ALSO REMEMBER tht BTC has took the shape of Bubble, ANYTIME IT MAY BURST , This type of Parabolic rallies are not sustainable at all. SO BE Careful while Buying BTC.
Market Participants are Extremely GREEDY. Please Follow Strict RISK Management and Avoid "FEAR OF MISSING OUT".

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