Bitcoin Important Update

CRYPTO MARKET UPDATE BY TEAM TENUP
Pakistan Time: 06:06 AM
Bitcoin support levels - $16,300 and $16000 strong Support
(is Ka Matlab yahan buyers hain)
Bitcoin resistance - $16,800 and $17,000 strong resistance
(is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)

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Analysis:

BTC Support is at $16,300 and $16,000. Resistance is at $16,800 and $17,000. Trade carefully and manage your risk according to mentioned support and resistance levels.

BTC closed its daily candle RED at $16,598.

Looking at the 4-hour timeframe, Volume is low and decreasing. RSI is at 53 and STOCH RSI is below the 75 range. RSI and STOCH RSI suggest that the BTC may test $16,300 support. However, there is 20 EMA support around 16,400.