Bitcoin bounced and retested exact resistance at $32,200 and got initial rejection. If bulls plan to break above $32,200 they should manage to hold support at $31,,700 otherwise low test will happen again upto $30,500. Also weekly close in on monday which is imp. Covered in video - so do check it out.

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Guys overall TA is still the same as before and as mentioned in the video. Most imp will be monday closing. So keep an eye on support and resistance as mentioned below.

Bitcoin retested $32,200 resistance for 2nd time with rejection. Support is still at $30,400 - $31,000 zone.

Sharing 2 scenarios from Bulls & Bears perspective 👇👇

Bulls perspective - Ascending triangle holding support $31,500 then breaking past $32,200 and testing $33,300-$33,700 before getting rejection.

Bears Perspective - Rising wedge staying limited below $32,500 and failing lower trend line at $31,500-$31,700 (based on where line is). Retesting $30,400-$31,000.

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You can also check full video here - posted on our channel

https://youtu.be/NgVO6k4FWTA

This one played out

Bitcoin had weekly close below 50 Weekly MA, This has never happened before in Bull run and even when Bull market changed into bear market. Also with close Bitcoin is still managing to hold our lower support level at $30,400-$31,000.

Now 50 Weekly MA is at $32,300 which is near our $32,200 resistance aswell. So more over we need to keep an eye on these 2 levels 👇

Resistance - $32,200-$32,300
Support - $30,400-$31,000

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Jadu dekh rahe ho - appne support in most cases initial bounce toh de hi dete hai chahe mara hua bounce hi kyu na ho. 😂

Baki this area $30,400-$31,000 bahut imp zone hai. Aaajke video mein cover kiya hai yeh break hua toh waise jyda kuch niche hai nahi support ke liye. So do check todays video have explained everything in detail.