Bitcoin BTC Technical analysis Today:
As Salam alaikum Guys
Kasa haa app log, Umeed karta ho sab khairyat sa hongaa..
Bitcoin ke price movement ko agar char ma dakha jya to to Bitcoin naa $61,736 ke level par bounce back keya ha Jo approximately Fibonacci Retracement indication ka 38.2% level bandta Matlab Bitcoin naa 61,736 ko API support pa kar bounce back keya. Or ya is bat ke indication haa ka trader is zone yani $61,736 ka dip ki buying opportunity ka perspective sa dakhta haa Jo ka AK good news naa.
20-day Exponential Moving Average average (EMA) be decrease Howa haa yani flattened out ho chuka haa or ise ka Sath (RSI) Relative Strength Index be midpoint saa above haa, jis clearly indicate kar raha haa ka range-bou d action qareeb haa Matlab Bitcoin ke price $69,000 maa AK resistance ko face pa sakta haa or necha 60,775 ko as support pa sakta haa.
High na quareeb Consolidation AK positive sign haa price movement pa potential Lana ka leya. Or isa ya be show hota haa ka Bull players naa APNi position pa hold ke haa or rushing (jaldi ) maa NAHI na exit Karna ko. Agar Bitcoin ke price naa upper ke taraf break keya to high high possibilities haa ka Bitcoin ke price apna all-time high at $73,777 ko retest kar sakaa. Ise ka ilawa downside par $60,775 AK strong support haa Jo 50-day SMA ($57,623) tak haa or expected haa ka Buyer is zone ko strongly defend kar pata gaa. Source
DYOR !
As Salam alaikum Guys
Kasa haa app log, Umeed karta ho sab khairyat sa hongaa..
Bitcoin ke price movement ko agar char ma dakha jya to to Bitcoin naa $61,736 ke level par bounce back keya ha Jo approximately Fibonacci Retracement indication ka 38.2% level bandta Matlab Bitcoin naa 61,736 ko API support pa kar bounce back keya. Or ya is bat ke indication haa ka trader is zone yani $61,736 ka dip ki buying opportunity ka perspective sa dakhta haa Jo ka AK good news naa.
20-day Exponential Moving Average average (EMA) be decrease Howa haa yani flattened out ho chuka haa or ise ka Sath (RSI) Relative Strength Index be midpoint saa above haa, jis clearly indicate kar raha haa ka range-bou d action qareeb haa Matlab Bitcoin ke price $69,000 maa AK resistance ko face pa sakta haa or necha 60,775 ko as support pa sakta haa.
High na quareeb Consolidation AK positive sign haa price movement pa potential Lana ka leya. Or isa ya be show hota haa ka Bull players naa APNi position pa hold ke haa or rushing (jaldi ) maa NAHI na exit Karna ko. Agar Bitcoin ke price naa upper ke taraf break keya to high high possibilities haa ka Bitcoin ke price apna all-time high at $73,777 ko retest kar sakaa. Ise ka ilawa downside par $60,775 AK strong support haa Jo 50-day SMA ($57,623) tak haa or expected haa ka Buyer is zone ko strongly defend kar pata gaa. Source
DYOR !
Brother, Yakeenun Bitcoin consolidation phase mein or agr $61K or $66K k between hee move kerta rehe toh market k liye bht acha ha. Es waqt bi Bitcoin weekend k bawajoud $65,800 pe trade ho raha or agr es week ki candle $64K se oper close hoti ha toh bht umeed ki ja sakti ha next week Bitcoin positive price momentum demonstrate kere ga. Umeed k next week se Gray scale ki Bitcoin ki selling kuch kum ho jai jo market k liye bht positive development ho gi. DYOR