29.4K must be touched

Morning folks,

No big changes so far. We do not see yet the crash of bullish context. Since our major 29.4K target has not been completed yet - we could take position that could lead us there. Today we consider intraday 27.2K area as potential entry.

Once major target will be hit - we need to see in what manner this will happen. If BTC will hold above 30K we could consider 35-38K as a next target. If instead, this will be just short-term spike with fast return and drop down - bearish reversal will have more chances to happen...

But for now - 29.4-30K...