#BTCUPDATE - 28.6.21
UPDATES HAVE BEEN PRETTY MUCH PERFECT RECENTLY SO LETS HOPE THEY CONTINUE.
WE HAVE SEEN A REJECTION HERE AS PREDICTED AND LIKELY SEE A CONTINUED PUSH DOWN TO 33.5K WHERE WE WILL EITHER BOUNCE HARD OR SINK BACK TO AROUND 32.3K.
THIS IS A CRITICAL POINT IF WE LOSE THIS THEN IT IS A VERY BEARISH SIGN.
IF WE BOUNCE AT 33.5K THEN WE WILL RETEST A BREAKOUT OF THIS TRIANGLE. IF WE DO THEN IT WILL BE A VERY BULLISH SIGN.
PLEASE NOTE WE ARE BEING REJECTED AND U.S IS COMING ONLINE SO WE WILL LIKELY SEE A FURTHER SELL OFF WHICH SUPPORTS THE PATH TO 33.5K IN THE SHORT TERM.
TRADING WISE - SHORT UNTIL 33.5K. EXIT TRADES AT THIS POINT AS IT CAN GO ANY WAY.
BREAK DOWN FOR 33.5K THEN SHORT TO 32.4K BOUNCE AND THEN LONG TO 34.7K AND SECOND TARGET OF 36.3K.
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