Btc update

in #bitcoin5 years ago

BTC made a high of $37,666 today and now trading near $37,000. This is good sign as BTC hold above the $36,000 area. Yesterday all China FUDs are absorbed by market and we see a pump after every FUD news means bulls are strong and also BTC bounced hard from the $31,000 support zone. We may see a retest of $39,000-$40,000 area in next 1-2 days and if BTC break and hold above $40,000 that is bullish. Also the daily hammer candle is a trend reversal sign and we get confirmation after BTC break $40,000.

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