Bitcoin BTC Update

Hi everyone, welcome back to my blog. I am back in today's blog again with my regular Bitcoin analysis post. Please support with your upvote likes, resteem shares and comment replies to keep me motivated.

🔶 Bitcoin followed a falling wedge pattern and it performed as I predicted. We saw a jump in the price of almost 6% which we were expecting.

🔶 Bitcoin struggling to break the resistance level of $21,500 and whenever it reached near that resistance we saw rejection in price. Bitcoin needs to reclaim its position above this level to have short term bullish movement.

🔶 The first major support is near $20,000 and the main support is near $19,700. A downside break below this level could create more selling pressure in the market so be careful and trade safe.