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BTC bullish update support area

BITMEX:XBTUSD.P   Bitcoin
BTC still manage to hold this support trendline we can see potential bull rally in the next 24hours to 72 Hours but needs to hold this zone between 8281-8073 region if the bull can hold this are we can expect a momentum for the bulls to pump the price of bitcoin and retest our 50MA at 8500-8600 region.
Keep an eye for this incoming bear cross of 100MA and 50MA bear cross is a bearish sign and not good for the bulls however sometimes bear cross attract the price going up but most likely bear cross will push the price going down. Stay always manage your risk in each trade put stop-loss to avoid further damage when things might go wrong in your trade. Happy Trading everyone


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