#Bitcoin must hold at this price of $57300-57500. If it can hold then Higher low will go up. However, we have to see what the Fed's funds rate will be on the 18th.
If 57,300 level can't hold then the 55000$ level could be next.
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For now, the market will move up and down within this range and the chances of breaking this range are very low unless there is strong fundamental news.
Apart from this there is good liquidity in the market around 50,000 so we expect the market to come down again towards the 50,000-52,000 range.
Bitcoin update Market is now trading at $59854 and looking to break the resistance line. If it can break successfully then we can see at 61000$ but must be a candle close above the above trade line, as you can see in the chart. And if there is a fake breakout then we can see it again at 56000$. Let's see what happens. Trade carefully and avoid Fomo buying. $BTC $ETH #bitcoin #btc #marketupdate