Bitcoin marking its way to $48k.

8 ธ.ค. 2023

Dear traders,

I hope you all are doing well. I bring you a brief BTC analysis on a 2-day timeframe chart. Recently, BTC experienced a dip, touching close to 40k, but it swiftly rebounded to 44k. Based on the current BTC movement, there's a likelihood of it reaching around 48k. However, considering the RSI level, it's crucial to stay vigilant for a potential downturn.

I've identified $47.8-48K as the current resistance and 40.8k as the support.

Share your thoughts on BTC's price in the comments.

Best regards,
Team Dexter.