BTCUSD in range

11 พ.ค. 2022

Bitcoin tested the $ 30,000 support zone once again this morning. Since then, we have seen a new bullish impulse that has raised the price to $ 32,000. We are now again in the consolidation phase, and we are following the signs about the potential determination of the short-term trend. For the bullish option, we need a concrete break above $ 32,670. If Bitcoin succeeds, our next target is a zone of around 35,000 dollars, then 36,000 dollars. For the bearish option, we need a new pullback and a new test of the May support zone at $ 30,000. If the bearish pressure intensifies, we will probably see a further price retreat towards $ 29,000, then $ 28,000. The price is in the daily range of 30,000-32,000 dollars.