BTC Breaking 30K? What's Next ?
This is BTC on the 3Day Chart
If BTC holds 32K I see ~32.7K being the next major resistance / reversal point. It is the 200 MA (3 Day)
If we get rejected at 32K or 30K, next level to watch is 28.6K looking for a Bullish or Bearish Retest there before next major move.
Personal Thoughts: Hard to call before CPI data comes out Wednesday (4/12) but safe to say we should know after; but I'm leaning Bearish.
I see Bearish Divergence on RSI on 12HR RSI. So I may begin scaling into a short, keeping in mind 32/33K is possible.
If BTC holds 32K I see ~32.7K being the next major resistance / reversal point. It is the 200 MA (3 Day)
If we get rejected at 32K or 30K, next level to watch is 28.6K looking for a Bullish or Bearish Retest there before next major move.
Personal Thoughts: Hard to call before CPI data comes out Wednesday (4/12) but safe to say we should know after; but I'm leaning Bearish.
I see Bearish Divergence on RSI on 12HR RSI. So I may begin scaling into a short, keeping in mind 32/33K is possible.
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