BTC has reacted strongly from this area multiple times within the last year showing that this area of support/resistance is something to be watched.
Currently sitting on the 50EMA on Daily chart and also 55EMA on the weekly as well.
I’d say this is worth a buy at this price.
If we do break down here though, chances of retesting 35k are high
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Bitcoin Trend Analytics May 2nd – Updates Bitcoin / TetherUS BINANCE:BTCUSDT BitMidas Nothing particular new except the lower line of the range is pulled down to $37198.36. Remember to adjust your positions when you spot […]
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