Since 3 weeks, Bitcoin is consolidating in a range that is becoming tighter and tighter and formed a symmetrical triangle on our chart.
There are great chances for an up break and in such an instance the most obvious target for bulls is the 30k zone.
The medium-term trend is clearly up and only a drop under the 27k zone would put a pause on this tendency.
28k could be a good price for buying with an acceptable risk:reward
There are great chances for an up break and in such an instance the most obvious target for bulls is the 30k zone.
The medium-term trend is clearly up and only a drop under the 27k zone would put a pause on this tendency.
28k could be a good price for buying with an acceptable risk:reward
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