$BTC Latest Update:
BTC has already entered a bearish zone, but it needs to establish a stronger bearish momentum to potentially drop below 27,000.
BTC's price levels include Resistance, Support, and Neutral points. The Resistance level at 28,365 has already been broken, and the price dropped to 27,123. Additionally, it broke the Neutral point at 27,548.4 yesterday. The Neutral point signifies a balance between buyers and sellers, and a breakout above it indicates a bullish momentum, while a breakout below suggests bearish momentum.
Currently, #bitcoin needs to achieve a real breakout below the strong Support level at 27,255 to enter a strong bearish momentum. So, it's advisable to maintain your short positions in line with the #BTC update provided last night.
The expected target is below 26,780-26,740, and it may materialize in the coming hours.
As always, trade with sufficient funds and avoid emotional trading. Please adhere to proper risk management practices.
Thank You
Author(X&T) : KingofBTC2024
$BAKE $SOL
BTC has already entered a bearish zone, but it needs to establish a stronger bearish momentum to potentially drop below 27,000.
BTC's price levels include Resistance, Support, and Neutral points. The Resistance level at 28,365 has already been broken, and the price dropped to 27,123. Additionally, it broke the Neutral point at 27,548.4 yesterday. The Neutral point signifies a balance between buyers and sellers, and a breakout above it indicates a bullish momentum, while a breakout below suggests bearish momentum.
Currently, #bitcoin needs to achieve a real breakout below the strong Support level at 27,255 to enter a strong bearish momentum. So, it's advisable to maintain your short positions in line with the #BTC update provided last night.
The expected target is below 26,780-26,740, and it may materialize in the coming hours.
As always, trade with sufficient funds and avoid emotional trading. Please adhere to proper risk management practices.
Thank You
Author(X&T) : KingofBTC2024
$BAKE $SOL
