29.4K must be touched

Apr 3, 2023Morning folks,

No big changes so far. We do not see yet the crash of bullish context. Since our major 29.4K target has not been completed yet - we could take position that could lead us there. Today we consider intraday 27.2K area as potential entry.

Once major target will be hit - we need to see in what manner this will happen. If BTC will hold above 30K we could consider 35-38K as a next target. If instead, this will be just short-term spike with fast return and drop down - bearish reversal will have more chances to happen...

But for now - 29.4-30K...