Sri Crypto

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BTC UPDATE:- BTC is rejecting once again from $42k level and currently trading above $39k

Here we are expecting two scenarios:-

Scenario1:- According to this scenario, BTC holds $39k support and get bounce from here.

Scenario2:- If BTC does not hold $39k level, then we see more drop and our next support is at $36,400

Conclusion:- IMO Soon we will some fireworks in BTC and Alts so focus on accumulation some good Altcoins. If you are doing leverage trading then always book profit whenever you are in good profit and keep your stop losses tight.

Stay tuned

https://t.me/Cryptocurrency_Inside

BTC 12HR UPDATE:- BTC pumped nicely in last few hours. We told you in our previous BTC analysis that if BTC holds the $37k-$38k level there is high chances that it can pump.

Now, what's next?

BTC is trying to breaking out from a bullish broadening wedge pattern. Currently, BTC facing some local resistance at around $42k, once it breaks above this then our next and important resistance level is $45k-$46k

As of now we need is to BTC closes it's 12hr candle above 21ma ($40.5k). If it again breaks below $40.5k then all this pump is fake out again.

We are keeping a close eye and will update you.

Stay tuned.