BITCOIN: $28.5K EXPECTED.
Hello traders, here's a quick update on BTC in 8 hours timeframe.
After the last drop to 25.6k, BTC has managed to stay between 26.5k to 27.5k. With BTC holding a support level of 26k, we can expect the next move toward the bullish side (28.5k). Note: This move will be valid only if BTC manages to hold the 26k support level.
Entry: 26.5k to 27k.
Invalidation point: Candle close below 26k.
Target: 28.5k.
Trade safely.
After the last drop to 25.6k, BTC has managed to stay between 26.5k to 27.5k. With BTC holding a support level of 26k, we can expect the next move toward the bullish side (28.5k). Note: This move will be valid only if BTC manages to hold the 26k support level.
Entry: 26.5k to 27k.
Invalidation point: Candle close below 26k.
Target: 28.5k.
Trade safely.
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