Will Bitcoin reach $28K level in March?
BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching 28K.
With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing).
Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe.
The next target price is $28300 with stop loss at 21-EMA.
Please do not take overleverage trade in the current scenario.
Note: Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing).
Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe.
The next target price is $28300 with stop loss at 21-EMA.
Please do not take overleverage trade in the current scenario.
Note: Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
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