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

Bitcoin Market Update:

Bitcoin and BTC.D are both are trying to push higher though both of them are experiencing a pullback so far.

BTC.D can dip more eventually from this region though such a move will help altcoins to gain some momentum against their BTC pairs

Bitcoin can move in either direction from the current location.

Above $28,800 WZRD Resistance it can push higher but a Bearish Daily candle today will make Yesterday’s Daily candle a Hangingman and it will dip more if we get a breakout below $27,600. On the other hand, a bullish daily closing today will make yesterday’s candle as a hammer and that will push the market with more upside pressure

My primary focus will be on the intraday chart today.

Whatever Bitcoin does rest of the altcoins will follow that. However, the US stock indices will play a major role as well.


Intraday:

The intraday chart is moving volatile and we should see more volatility from this range area.

We need a breakout from here.

A stable bullish breakout above $28,690 (POI) will offer a quick long targeting $30,100 - Blue WZRD Projection

Below $27,600 (POI) Bitcoin will offer a short towards $26,200 and below $26,200 the decline will accelerate - Red WZRD Projection

H1: https://www.tradingview.com/x/om9uMrpA/
Daily: https://www.tradingview.com/x/r6FrbmzI/
BTC.D: https://www.tradingview.com/x/Ezra9uzW/

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