CoreCrypto1

BTC: CONSOLIDATION ZONE! WHAT'S THE NEXT MOVE?

BINANCE:BTCUSDT   Bitcoin / TetherUS
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Welcome to this BTC update. BTC is consolidate from $28k-$32k region from last 30 days. Soon we see a big move and the direction of this big move is depend on where BTC breaks out(up or down).

For a bullish momentum, BTC needs to break $32k level and hold above it. Once it holds above the $32k level our next short term target is $35k-$37k level. So all we need to break the $32k level.

If in any case BTC daily candle close below $28k then it would be very bad and we might see a quick drop to $22k-$24k level.

So be ready for every possible scenario and trade cautiously.

What do you think about this?
Do you think BTC breaks $32k resistance or do you think that it will break $28k support.
Share your views in the comment section.

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Thank You!

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