Bitcoin MARKET UPDATE
1: Bitcoin support levels - $16,300 and $16,000 strong Support (buyers available ).
2: Bitcoin resistance - $16,600 and $17,000 strong resistance (sellers available).
Market depends upon Bitcoin movement so we updated you. Trade with risk management.
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Analysis -
BTC Support is at $16,300 and $16,000. Resistance is at $16,600 and $17,000. Trade carefully and manage your risk between mentioned support and resistance levels. BTC closed its daily candle green at $16,226.
Looking at the 1-hour timeframe, BTC was able to regain $16,300 support with high volume. BTC got resistance from $16,600 which was also 200 EMA resistance. BTC needs a high volume to break this resistance to head towards $17,000.
Total Crypto market cap is at $820 billion, up by 4.6%. BTC dominance is at 38.6%.
1: Bitcoin support levels - $16,300 and $16,000 strong Support (buyers available ).
2: Bitcoin resistance - $16,600 and $17,000 strong resistance (sellers available).
Market depends upon Bitcoin movement so we updated you. Trade with risk management.
———————————————————————
Analysis -
BTC Support is at $16,300 and $16,000. Resistance is at $16,600 and $17,000. Trade carefully and manage your risk between mentioned support and resistance levels. BTC closed its daily candle green at $16,226.
Looking at the 1-hour timeframe, BTC was able to regain $16,300 support with high volume. BTC got resistance from $16,600 which was also 200 EMA resistance. BTC needs a high volume to break this resistance to head towards $17,000.
Total Crypto market cap is at $820 billion, up by 4.6%. BTC dominance is at 38.6%.
