As predicted earlier that BTC may face serious resistance around 9k zone. Now BTC is moving downward, we are expecting a bounce within a zone of 7k to 7.5k and if btc moves sideways to form a support in that zone then it should move upward to 9500 to 10500 zone.
On the other side, if this correction continues then BTC may move down to 6k zone and formation of double bottom, which will lead to further downtrending.
We are looking for a rebound within price zone of 7k to 7.5K.
#BTC update
As predicted earlier that BTC may face serious resistance around 9k zone. Now BTC is moving downward, we are expecting a bounce within a zone of 7k to 7.5k and if btc moves sideways to form a support in that zone then it should move upward to 9500 to 10500 zone.
On the other side, if this correction continues then BTC may move down to 6k zone and formation of double bottom, which will lead to further downtrending.
We are looking for a rebound within price zone of 7k to 7.5K.
