Good chance for a breakout - watch these levels.
Bitcoin seems gaining strength though volume is still low.
But as you see we tried multiple times to enter the area above 31k. If we manage to hold those levels above 30.4 over the weekend with the next push 32.5 is not far away.
Then it will be hard. There is the well known CME gap 34.5 to 35.9 and this could act as massive resistance, making a retest of 29 level or lower imminent. Depends on volume.
But as you see we tried multiple times to enter the area above 31k. If we manage to hold those levels above 30.4 over the weekend with the next push 32.5 is not far away.
Then it will be hard. There is the well known CME gap 34.5 to 35.9 and this could act as massive resistance, making a retest of 29 level or lower imminent. Depends on volume.
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