#BTC/USD 4H-Frame S & R Chart Update #Bitcoin currentl | CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|
#BTC/USD 4H-Frame S & R Chart Update
#Bitcoin currently facing strong resistance at 32000$ by having another good daily close above $31.5k level. If it breaks and close above of it, we will be targeting for 34k level. On the other hand, If we get a rejection from this level then we might again our support test around 30k.
Bullish Scenario : holding above this Month VWAP ( 31444 ) and growing towards our objective area. ( 34 000 ) Bearish Scenario : re test top of channel around our support by getting rejected from 32k resistance. ( 33 000 SR is strong )