BTC is now trading at 27.5k and may lose this support soon. How soon is the question and if we get a bounce back first to retest 800EMA on daily at 32.2k or not. Next zones of interest with A LOT of confluences are 26k, 23.5k, 20k and most importantly 12.5k
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NFA, DYOR
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NFA, DYOR
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After a couple of days, second target reached too. Will we see 13k BTC soon too? Maybe.
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W formation on daily time frame? Still need more volume to confirm and if price closes below 17k with no aggressive pullback then pattern is invalidated and we probably see BTC retest 13k area BUT until that happens we could see another pump to around 26-27k which would be 0.618 fib retracement from last wave.