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BTCUSD in range 29000-31000

BINANCE:BTCUSD   Bitcoin
The price of Bitcoin is still unchanged in the range of 29000-31000 dollars. This morning, another attempt to climb to the upper resistance zone was stopped, and the price stopped to 30,200 dollars. After that, we have a pullback below $ 30,000. We have support at $ 29,300, and since then, the price has recovered. Bearish pressure is still present and could break below $ 29,000 and send the price of bitcoin into the zone around $ 25,000. We need to go back up to the lower zone for the bullish option and break the price above $ 31,000. After that, the price must remain above that level and consolidate for the next bullish impulse. Our potential bullish targets are $ 31,500, $ 32,000.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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