"For the bullish scenario to unfold, BTC must overcome the $27.3k resistance threshold."
This is what I said in my previous BTC update. Now, here we are, BTC broke and closed above the $27.3k resistance which is a good sign. This doesn't mean that it'll start pumping and rallying from this price point. The current scenario shows a retest phase where BTC might touch the support 1 level and then bounce back. All I expect is a gradual movement on BTC. The $31.5k resistance still awaits for BTC.
What's your take on this? Do let me know in the comments.
Thank you for reading and trade safely.
Regards,
Team Dexter.
This is what I said in my previous BTC update. Now, here we are, BTC broke and closed above the $27.3k resistance which is a good sign. This doesn't mean that it'll start pumping and rallying from this price point. The current scenario shows a retest phase where BTC might touch the support 1 level and then bounce back. All I expect is a gradual movement on BTC. The $31.5k resistance still awaits for BTC.
What's your take on this? Do let me know in the comments.
Thank you for reading and trade safely.
Regards,
Team Dexter.
