#BTC/USD Update +
๐ 1D-Frame ๐ S & R ๐ Chart Update
After increasing the war fear, We're seeing red markets everywhere in Stocks, crypto, and ... since yesterday.
#Bitcoin's bad weekly close has also negative technical pressure on it as well.
We also had a bad daily close below the 41700$ support yesterday and If #Bitcoin can not recover fast and stay above 41500$, We may go down more to retest the 38000$ area supports again.
Only breaking up the 42500$ resistance can be considered as going back into the uptrend direction again.
๐ 1D-Frame ๐ S & R ๐ Chart Update
After increasing the war fear, We're seeing red markets everywhere in Stocks, crypto, and ... since yesterday.
#Bitcoin's bad weekly close has also negative technical pressure on it as well.
We also had a bad daily close below the 41700$ support yesterday and If #Bitcoin can not recover fast and stay above 41500$, We may go down more to retest the 38000$ area supports again.
Only breaking up the 42500$ resistance can be considered as going back into the uptrend direction again.