Hello dear friends, Currently, the BTC is moving exactly as Karina's analysis predicted.
It can be seen that yesterday the BTC touched the high target at $30,000, but quickly pulled back from this level and is now trading steadily at $28,269.
From the analysis chart on the 4-hour time frame, we can easily see that BTC is showing signs of forming a peak when it surpasses the resistance level of $28,000. A small decrease may occur immediately before the long-term target of $30,000 is achieved.
What about you? What is your target for BTC?
It can be seen that yesterday the BTC touched the high target at $30,000, but quickly pulled back from this level and is now trading steadily at $28,269.
From the analysis chart on the 4-hour time frame, we can easily see that BTC is showing signs of forming a peak when it surpasses the resistance level of $28,000. A small decrease may occur immediately before the long-term target of $30,000 is achieved.
What about you? What is your target for BTC?
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if Bitcoin price produces a daily candlestick close above $28,369 and sustains above it, it would invalidate the pullback scenario on the daily time frame. In such a case, the uptrend could propel BTC to the $30,000 and $32,000 levels.
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I have to admit that BTC is holding up better than expected, also carried by bullish ETF news
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