#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: Medium
EXPECTED SCENARIO:
BTC will try to test R1(43100$) today. Bearish below INTRADAY FLIP(42300$)
BULL CASE:
BTC will try to test R1(43100$) and stay above INTRADAY FLIP(42300$)
BEAR CASE:
Bearish below INTRADAY FLIP(42300$). Support S1(41900$) may not hold in case BTC crashes today.
NOTE:
On higher TimeFrame BTC has to test 41K. If it does not hold, 39200$ is the only good support.
VOLATILITY EXPECTED: Medium
EXPECTED SCENARIO:
BTC will try to test R1(43100$) today. Bearish below INTRADAY FLIP(42300$)
BULL CASE:
BTC will try to test R1(43100$) and stay above INTRADAY FLIP(42300$)
BEAR CASE:
Bearish below INTRADAY FLIP(42300$). Support S1(41900$) may not hold in case BTC crashes today.
NOTE:
On higher TimeFrame BTC has to test 41K. If it does not hold, 39200$ is the only good support.