Bitcoin (BTC) on Wednesday 07-Apr moved lower with -3.51% lower to 55,953.45.Crypto
|Performance after Wednesday|
Bitcoin on Wednesday dropped -3.51% to 55,953.45.
Updated daily direction for Bitcoin is bearish as the pair posted lower in Wednesday trading session.
Looking ahead for the day, immediate support level is at 55,473.00 with break below could see further selling pressure. For potential buyers, as the current momentum is bearish, we prefer to look at firm break of the recent high 58,655.00 as an important indicator of buying interest. Failure to break the resistance level would echo bearish sentiment.
Updated direction for the current week for Bitcoin is mixed as the current price action remain uncertain.