Hello everyone, if you like the idea, do not forget to support with a like and follow.

Welcome to this BTC /USDT update. BTC looks good in LTF . In my previous BTC update, I told you that $40.5k is an important support level and so far BTC holding that support and bounced.

Now let’s get to the chart.

BTC is breaking out from a descending channel in 2hr time frame. It also made a bull flag-like structure inside the descending channel where the bull flag is already broken out.

So far BTC looks strong and I’m expecting it to reach $45k-$46k resistance soon.

Invalidation level:- If BTC again breaks and closes below $40.5k then this chart becomes invalid.

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