BTC break out of bearish flag in the downward direction and now accumulating between 28-30k zone. Now if we are able to close the weekly candle above 30.5k then we can see BTC price targets upto 35k. Furthermore, I will also observe the price action around 32.3k region(also given in the chart) as we might get the rejection from here too, so if you are planning long position then try to book 1st target around 32.5k region.
On the other hand, if we are not able to close the weekly candle above 30k then we are going down and btc will retest the lower green region given in the chart.
So Keep a close eye on weekly closing today.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading.
On the other hand, if we are not able to close the weekly candle above 30k then we are going down and btc will retest the lower green region given in the chart.
So Keep a close eye on weekly closing today.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading.