Good movement of price was seen last night in BTC . The price surged more than 3K and every good crypto was in green light. The BTC bounced from level of 37K which is a good support level . In the last post we have also discussed about the BTC and important levels on different time frames.
In the above picture you can see that price was on the trend line in 1DAY frame and it was discussed that reversal can be seen from here.
And in this picture above you can se that price took the reversal and we were able to see a good move in the market.
With the WAR situation being handled properly and no bad news reagdring crypto the price of BTC can move further from here and level of 48K will be touched soon.
The next major resistance for BTC now is 44K , the same level from where market fell down last week or so.