As I mentioned in my last analysis, we did bounce from the 28k area and tested 34.5k and the diagonal trend line.
What’s the deal now ?! .We already tested the 30k support many times, so it is not safe for Bitcoin anymore! .I expect a drop from there next time we visit 30k again! .But if we somehow found support here, then we will test the bullish breaker at 34.5k once again.
-Based on the Fibonacci extension, the next target for Bitcoin after reclaiming 34.5k is $39800. -If we lose 30k, then I’m looking at 26.2k and 24.3k for a nice bounce.
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