BTC UPDATE
What is important for now is the
$26,500 - $27,000 zone. If we lose the $26,500 support level, the bullish trend
is over and the price will head back down to $20,000 area.
Breakout of the $27,800 is a
good sign for the market and you can consider entering
LONG position with the targets above, marked them on the chart.
Overall, the market still
doesn't look bullish enough. No volumes, no purchases, no signs of power from the bulls. It might be a
trap for bears.. but chances are not too high.
