Bitcoin Market Update: Bitcoin and BTC.D are both moving as | CRYPTOWZRD - OFFICIAL

Bitcoin Market Update:

Bitcoin and BTC.D are both moving as a Doji and they can move in either direction from here.

Bitcoin is moving inside of the WZRD Resistance zone.

The key to the Daily chart follows. Below $27,600 WZRD Support is bearish and it will see more dip towards $25,000 or below and above $28,800 WZRD Resistance it can push higher where $32,250 will be the WZRD resistance target

So far Bitcoin is trading as a Double Top but without a breakout below $27,600 WZRD Support it will simply be moving into a sideway range area

I will pay more attention to the intraday chart today.

During the weekly transition we should see some volatility any CME weekly opening gap will try to get filled.


Intraday:

The intraday chart is moving choppy and slow, it is simply moving in the same range area as yesterday.

Above $28,690 (POI) it should offer a long towards $29,800 (POI) - Blue WZRD Projection

A rejection of $28,690 (POI) can offer a dip and short opportunity too but below $27,600 (POI) it will be a clear short location - Red WZRD Projection

Trade position setups have been provided for the above scenarios with all necessary information including Entry, Targets, Stop Loss, RR & Criteria to take the trade.

H1: https://www.tradingview.com/x/A879pW8C/
Daily: https://www.tradingview.com/x/GZ8wpMKh/
Daily Proj: https://www.tradingview.com/x/wfA52a6B/
BTC.D: https://www.tradingview.com/x/fQOMt2KJ/

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