Bitcoin UPDATE: YET TO HIT THE RESISTANCE.
Welcome folks to this BTC update.
It’s my privilege to help you guys with my ideas and T.A. For those of you who are a part of my community, I wanna thank you guys for showing your continuous support. I am here to keep you guys updated and take this community to another level.
Current Scenario:
BTC has taken enough guts to say, “I ain’t going down” but I wonder how long will it hold? According to the T.A, BTC is yet to hit the resistance level which is at $46k, and who knows maybe after that BTC will reject like it did in the past. Whether the rejection happens now or after $46k, one thing is clear that BTC must show some retest soon cause for a healthy and genuine rally in STF , a retest is a must.
BTC is already 22% up and the RSI is at the overbought zone which indicates a rejection to happen soon. It is also possible that BTC will deny all rejection and break through the resistance level . So, let’s be prepared for all the circumstances.
What do you think about BTC? Will it rally higher or $46k is the limit?
Let me know in the comments section.
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Thank you.

