#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: MEDIUM
EXPECTED SCENARIO:
$BTC is still in the same range. Expecting a small correction else consolidation. Bullish only above INTRADAY FLIP LINE(21200$)
BULL CASE:
Bullish only above INTRADAY FLIP LINE(21200$). Look for R1 in that case.
BEAR CASE:
Support S1(20400$) may get tested today else just consolidate above it.
NOTE:
BTC is at resistance 21500$. As long as we are above 17500$, we can remain bullish.
Below 16000$ we may go as low as 12000$