BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching $28K. With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing). Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe. The next target price is $28300 with stop loss at 21-EMA.
Please do not take overleverage trade in the current scenario.
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