The daily timeframe has shown a morning star candlestick pattern for Bitcoin, with a previous days' close at indecision and yesterday showing a strong bullish move from our holding zone. The current bias on BTCUSD is bullish as price has ticked off all analytical parameters for a bullish ride. Going forward with good entry strategies, we will anticipate BTCUSD rally to 28807 and 30700 price levels respectively.
Note
Currently 3 days post trading targets on BTCUSD, the 28807 and 30700 levels have both been smashed and Bitcoin is currently trading at 34400.
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