BTC USD Analyisis
30 Min Chart
Bitcoin is testing the upper bound of what we have identified as the range between $30K and $34.9K.
We have currently inched above this range at $35.2K.
We will see if BTC has the strength to hold this momentum or if it will let off the gas and retrace back to its comfort zone at lower levels.
Even we see a brief correction, we may see a bull wedge or other consolidation pattern form as we gear up for a breakout.
Important support and resistance areas marked on the chart.
