Bitcoin Update in Daily Timeframe: $60k Incoming

1 Ağu

BTC in the higher timeframe (HTF) got rejected perfectly from the resistance trendline. BTC once again failed to break above the resistance trendline, indicating a correction in the coming days.

The 60k range holds as strong support for BTC, but there's high liquidity ranging between 55k to 58k. If the price shows further correction, it will be interesting to see whether 60k holds the price or gets rejected like before.

I am placing my buy orders at 60k, 58k, and 55k for spot and leverage trades.

Do your own research before investing.

Trade safely.

Regards,
Team Dexter

#Crypto

2 Ağu

Not

BTC Update:

We witnessed a quick dump in BTC, which went down to 62.3k. Somehow, the price rallied back to 65K and made a daily close at 65.3k.

With the current price at 64.4k, BTC is still at risk of dropping down toward the 60k support level.

The accumulation strategy for BTC will remain the same as mentioned earlier.

Not financial advice.

Trade safely.

Regards,
Team Dexter.

#BTC #Crypto