BTC : ON IMPORTANT MOMENT FOR BREAKOUT VOLUME $32800 - 38K
Updated
BTC seems on a very interesting point, and as the volume plays between the uptrend of 31K and the dip trend of 30K, can this signal that there is an interesting volume that wants to affect the BTC price?
We still expect that BTC can enter a new breakout to $32800 where the price can increase further to 38K, this is more on the technical view of the BTC price action.
The last breakdown can be a dipping trend for a new breakout.
Every huge breakout did start with a breakdown.
There can be more time to play with the price action before a breakout could happen.
It's not so easy that we could follow the price up and up.. there should be always volume out to get new LIQ in price.
2 important uptrend targets we checkout
$32800
38K
For the bull trend target we check
47K
We still expect that BTC can enter a new breakout to $32800 where the price can increase further to 38K, this is more on the technical view of the BTC price action.
The last breakdown can be a dipping trend for a new breakout.
Every huge breakout did start with a breakdown.
There can be more time to play with the price action before a breakout could happen.
It's not so easy that we could follow the price up and up.. there should be always volume out to get new LIQ in price.
2 important uptrend targets we checkout
$32800
38K
For the bull trend target we check
47K
Note
We expect that BTC can have 2023 a breakout that it has not done before in 2023.Note
BTC is still in an uptrend and can show in the coming time a breakout.
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