Bitcoin Market update

The whole market is experiencing massive turn around with a bounce from $15500, although we must not forget falling wedge top trendline resistance which located within 22k and 24k zone.

Expectation from this key level is a rejection on the first test, if this happen a good buy back zone will be 18k-17k area.

But if the current market volume is strong enough to break the resistance at 24k then it means, BTC will target a big rally towards 40k zone.

Trade active:

Trade closed: target reached

Trade active:

Bitcoin may have extended target towards 48k-50k area.