BITCOIN = BREAKOUT
"For the bullish scenario to unfold, BTC must overcome the 27.3k resistance threshold."
This is what I said in my previous BTC update. Now, here we are, BTC broke and closed above the 27.3k resistance which is a good sign. This doesn't mean that it'll start pumping and rallying from this price point. The current scenario shows a retest phase where BTC might touch the support 1 level and then bounce back. All I expect is a gradual movement on BTC. The 31.5k resistance still awaits for BTC.
What's your take on this? Do let me know in the comments.
Thank you for reading and trade safely.
Regards,
Team Dexter.
This is what I said in my previous BTC update. Now, here we are, BTC broke and closed above the 27.3k resistance which is a good sign. This doesn't mean that it'll start pumping and rallying from this price point. The current scenario shows a retest phase where BTC might touch the support 1 level and then bounce back. All I expect is a gradual movement on BTC. The 31.5k resistance still awaits for BTC.
What's your take on this? Do let me know in the comments.
Thank you for reading and trade safely.
Regards,
Team Dexter.
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