#BTC UPDATE

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#BTC Update

BTC breakout this local support which is around the $20300 level and currently BTC facing 100 ma as resistance

if we break out this 100 ma resistance and closer the daily candle above it then the price of BTC may rise to 24.7K$.

This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Thank you

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#BTC/USDT ANALYSIS

BTC first cleared stops below the trendline support of the symmetrical triangle by liquidity grab wicks. After that it breakout symmetrical triangle retested successfully and we have seen a good bounce toward the marked liquidity zone.

Currently, it again came back below the horizontal resistance after grabbing the upward liquidity, which is a no man's land for BTC.

Bulls need to give a close above $21,111 with a retest above it for the confirmation of a bullish trend in the market, while continuous rejection from here will result in a downward move toward $19,600 support.

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