Today Bitcoin updates
Bitcoin update:-
By our technical analysis, it is confirmed that bitcoin found the support and found a bottom around 3500-3600 where it jumped back and how trading above 4000 which is a strong support after closing the daily candle above 4000ish level.
The next targets are 4600-4850$ if it continues the rally but due to low volume at this moment we aren't sure that it can sustain the price at those levels after reaching. It can dump quickly after chasing that resistance levels.
We need to see after some time how the market reacts to those levels.
Meanwhile, the altcoins are pumping crazily right and there are many chances to make profits while the btc is above 4100 levels.
The good trading zone is 4100-4300 for the altcoins which we already analyzed t that you should pick the cheap alts, I hope you heard the advice and picked some cheap coins. Now they are already up and people shouldn't jump in while they are high already. ☝️
Best of luck and trade safe! 💰