Bitcoin Market Update: Bitcoin and BTC.D are are now trading | CRYPTOWZRD - OFFICIAL

Bitcoin Market Update:

Bitcoin and BTC.D are are now trading bullish though Bitcoin seems to be simply having a pullback of yesterday’s bearish move.

Bitcoin recovered from its dump we saw yesterday but the damage for bull’s has been done. To become bullish BTC must breakout above $32,000 which will be a very difficult job without a robust move from the US stock indices

Both DXY and the US stock indices will play a role in Bitcoin from here.

A breakout below $28,100 WZRD Support should trigger the C-wave of the ABC Corrective structure and push BTC down towards $25,000 zone


Intraday:

The intraday chart is moving choppy and randomly into a smaller range area.

A bullish move above $29,450 (POI) it can push towards $30,165 or higher - Blue WZRD Projection

A rejection of $29,450 (POI) should offer a short towards $28,650 (POI) and lower

Below $28,650 (POI) BTC will offer another short opportunity as well towards $27,900 - 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.

Now the chart is trading middle of the range, once we get the breakout I will be interested to get a trade

H1: https://www.tradingview.com/x/bW3dNtMK/
Daily: https://www.tradingview.com/x/yNfb2INA/
BTC.D: https://www.tradingview.com/x/ypEftXAk/


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