Bitcoin Breakout
Smile back in market. As explained in yesterday chart.. BTC reached 37k and breakout beautifully. This is long downtrend channel breakout. So its another bullish sign.. Market should test 42k-43k now, and breakout above this zone will give trend reversal sign. Good part we picked this at 32k and told to open trend at buying zone in our previous chart.
On bottom side 37k will work as short term support. and 30k is mid term support.
DOW is looking good which also give confidence to crypto market. We should remain bullish.
On bottom side 37k will work as short term support. and 30k is mid term support.
DOW is looking good which also give confidence to crypto market. We should remain bullish.
Penafian
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