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

Bitcoin Market Update:

Bitcoin and BTC.D are both trading as a Doji now. BTC.D can still move in either side.

A bearish move will help ALT/BTC pairs to push higher

Bitcoin can too move in either direction from here, $25,000 is the WZRD support and $28,500 is the main WZRD resistance area The lower high trendline will come to play once we get a breakout above $28,500 It will accelerate the upside move

During the US unemployment claims data we can get some volatility if S&P500 offers a move.


Intraday:

A push to $26,640 (POI) and then a rejection can offer a short towards $25,950 (POI) or lower - Red Dotted WZRD Projection

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

Below $25,950 (POI) Bitcoin will decline further towards $24,750 or lower - Red Solid WZRD Projection

A breakout above $26,640 (POI) can push the market higher towards $27,500 but it will have to be a stable breakout - Blue WZRD Projection

H1: https://www.tradingview.com/x/l76DfcCh/
Daily: https://www.tradingview.com/x/CwhgwdFs/
BTC.D: https://www.tradingview.com/x/0ojilM5r/