Bitcoin🚨 Quick update
Bitcoin🚨 quick update:
Good Morning, Bitcoin is moving exactly what we've expected. This pullback is giving an opportunity for Altcoins to retest their Broken resistance into support (Theory of Polarity)
Monday Morning weekly closing will be important for Bitcoin. More Price Action will confirm further moves.
Previously Mentioned Resistance that Gravitated BTC:
Green box at 44.5k$
Red Horizontal Line: 45.5k$
Both Rejected us, we were ready for this🤝
Previously Mentioned Supports to hold are: 42k$ & 40.5k$
42k$ is holding as of now✌️
Overall Picture looks Bullish in medium term, shorter term cool off was already expected.
BTC.D:- 43.33%
ETH.D:- 18.65%
BTC Marketcap: 810B$
The best from Altcoins isn't yet started, now we'll catch them!😙
A magnified 4-hourly chart is displayed over daily chart. Bullish pennant invalidated as we got huge rejection from our 45.5k$ Resistance on daily