Bitcoin BTC Technical Analysis TodayAs Salam alaikum
Guys kasa haa app sabb. I hope everyone will be doing good...
Bitcoin ke update kaa sath app logo kaa khidmat maa hazir hoon. Ach guys to Bitcoin naa recently new ATH banana ka bad decline keya or pir AK choppy sidewise movement start kar dee between 120k to 116k. Maa na previous Analysis maa b batyaa taa ka Bitcoin jab tak iss rang ko nahi toraa gaa tab tak Bitcoin above move nahi kar saktaa. Sath he sath Bitcoin Dominican b support la chukaa haa so agar Dominance recover hotaa haa to pir saa Bitcoin maa hamaa move dakhnaa ko mil saktaa haa. Daily maa same wahee sideways move haa albtaaa short time period lower low bana rahaa haa Jo below support par hee retain Kara saktaa haa. ETF ke agar Bath ke jyaa to ETF inflow maa surging dakhaa ko milaa haa. So maybe hamaa price above move karaa sathaa lakin confirmation ko wait karnaa paraa haa Matlab USS range naa break out karnaa par.
TradingView4H ChartChart ko agar dakna jyaa to Bitcoin naa AK symmetry triangle ko follow keya 4 hours maa. Lakin break out kar kaa sell OB saa fake out kar deyaa or below ke liquidity sweep kar kaa rahaa haa. OB (120k) kaa level bantaa haa or below retracement 116.5 kaa. So agar Bitcoin naa below retracement baa bounce keyaa to little bit up move mil saktaa haa but Bitcoin kaa leyaa 120k kaa level break karnaa zaroore haa agar nahi kartaa to above move possible nahi ho saktaa. Or han below 116k kaa crucial support haa agar Bitcoin break down karta haa to below 110k tak ham decline kar saktaa haa.
Baqi keep 👀 on above level. Agar break out miltaa haa to good agar nahi to below support on mark ha.....
DYOR !