#BITCOIN Hourly Update!

Bitcoin broke above the $42k level and is trying hard to maintain that level.

As long as BTC stays this way, Altcoins will do good.
BTC must break the 45k level soon in order to keep this trend intact.
Red MA is acting as support. Good price to long BTC is between $39500 to $41566.
BTC can follow any of the 2 given scenarios in the chart (Please Observe).
I've got a few questions regarding the Alts I am holding right now.
Am holding these:- ATA, GALA, ICP, RAY, FET, FTT, COTI, MANA, RUNE, BOBA, BICO, and BTS on spot.
All are 25% to 40% +up. Let me know your Altcoin picks in the comment section.

If you find this chart update helpful, do hit the like button.

Thank you

#PEACE

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#BTCUSDT :- Hitting the resistance trendline. Good thing, it's trading above $42.6k.
As long as this level holds, it's highly likely we will see $46k soonish.
Since $43k also happens to be the trendline resistance of the triangle, BTC might show some rejections before shooting up.
Those levels would merely be buying opportunities.
Taking 25% off the leveraged positions in case BTC shows some rejections in lower time frames.

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BTCUSDT 30 mins: This is what I meant when I said rejections in ltf charts.
Bearish divergence with possible triple top formations.
A retest of the flag will be in play in case this scenario plays out.
Best entry mid 42ks.. (DYOR).

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BTCUSDT 12 Hour:- All good so far. Nice breakout.
Need to keep an eye to see if this pump sustains till daily close.