#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: VERY HIGH
EXPECTED SCENARIO:
Today CPI numbers would be out during US Session at 7PM IST so expect a very high volatility. Direction depends on the results.
Expecting $BTC to test R1(17700$) today.
BULL CASE:
R1(17700$) should be testd else R2
BEAR CASE:
Bearish if 1H close below INTRADAY FLIP LINE(15500$)
NOTE:
Currently there is a no good support until 13K$ for BTC. may continue falling on weekly TF. We are in a deep Bear territory.
Bullish only above 20500$
