Hi Everyone.
Bitcoin is again down after bouncing from recent high of 17230 Level.
The market is strongly range bound as said in my last post.
The price bounced from our Market resistance almost yesterday.
Today most of the altcoins are down and we may say the Crypto market is in pullback zone.
But what's next for bitcoin?
The analysis is still same and we are playing in range bound zone. But we have a trendline on daily chart which can be seen in above screenshot in blue color. 13500 is the zone which will act as strong support on daily chart.
Buying near 13500 level will be a good market opportunity.
CMP 14700
Support 13500 , 12600 , 1120
Resistance 16550 , 17300 , 19666
At the moment it's a fair buying opportunity 13500-14000 level will the the best buying zone. If the blue trendline is broken then we have multiple support levels But the strongest on is waiting at 11400 but it doesn't seems possible for the market to go there.
BUY is call for today.
Please upvote and Resteem. Thankyou