Bitcoin MARKET UPDATE
1: Bitcoin support levels – $16,300 and $160,00 strong Support (buyers available).
2: Bitcoin resistance – $16,800 and $17,000 strong resistance (selling area).
Crypto market depends upon Bitcoin movement so we updated you about Bitcoin now trade with risk management.
BTC Support is at $16,300 and $16,000. Resistance is at $16,800 and $17,000. Trade carefully and manage your risk according to mentioned levels. BTC closed its daily candle green at $16,600.
Looking at 1 hour timeframe, BTC is just above 200 resistance and is trying to break $16,600 resistance. Further confirmation is required if 200 is to become support. is at 60 and suggests an upward move therefore there are higher possibilities of testing $16,800 resistance.