continues its horizontal movement and we may see a break in one of two directions very soon, but at the moment it is not clear to us where the break will come. The breakout will determine the movement in Bitcoin. So, what will our breakout scenarios be like?What you need to pay attention to is that you should not take a trade without closing the candle and slipping from the line, because the same candle may turn and close on support or resistance.For example, we experienced a downward break. First, we have a support level around $50,000 BTC, if this cannot stop our decline, we may see a decline towards the $48,400 BTC level and this region can act as a reaction zone.Another scenario is that we experienced an upward break. Then $54,400 BTC will be our first resistance level, this may delay us for a while, but then we can see a movement towards the $57,000 level by exceeding this level.
热点:Bitcoin