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

Bitcoin Market Update:

Bitcoin and BTC.D are both trading with indecisive candles so far.

Bitcoin can move in either direction from this location, if has been range bound for weeks.

On the Daily timeframe, $28,500 is the the WZRD support which if broken will take the market to $26,750 On the other hand, $31,000 is the next WZRD resistance, above $33,000 will be the next WZRD resistance - the only barrier to a $38,000 Bitcoin

We will have to wait for the market to offer more clear price action to get a directional bias, until then Bitcoin remains range bound with little momentum


Intraday:

The intraday chart is trading into a range area.

It tested $29,730 (POI) WZRD support, and is now trading choppy

Healthy candles from here are needed to get a bullish push towards $30,800 (POI), where above Bitcoin should see more bullishness - Blue Dotted WZRD Projection

A stable bearish breakout below $29,730 (POI) can offer a short and finally a breakout of the 26 Day Range leading to a bias and momentum - Red WZRD Projection

H1: https://www.tradingview.com/x/HpHvqard/
Daily: https://www.tradingview.com/x/OvqhnvTd/
BTC.D: https://www.tradingview.com/x/xvRwsXjU/