As you can see, the price has entered the support level that was mentioned in last week's TA and has already shown a positive reaction, we have to see with the announcement of the CPI today whether the price will manage to maintain this IS or not, other assumptions of the previous analysis It is still valid! (Current support level: $20,400 to $21,680) ! Resistances or Bullish targets, respectively : $22620, $23500, $24260, $25260 !
The Last TA :
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⚠️ This Analysis will be updated ... 👤 Arman Shaban : ArmanShabanTrading 📅 02.14.2023 ⚠️(DYOR)
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Trade closed: target reached
One of the most interesting recent Bitcoin analyzes was this, the price reacted positively to the support range of $20,400 to $21,680, and by maintaining this support, it managed to hit each of the announced targets 😍🤟🏼💚 .It is interesting that the last announced target was $25260 and the price was able to grow up to $25250 and start to correct from there. If #BTC stabilizes above $23000, the next upward targets will be $25930, $27000 and $28800 ! ✅
Note
s you can see, Bitcoin is still in the range of 24K and the next Institutional Support (IS) is in the range of $21440 to $23030! The previous analysis targets are still valid if this support range is maintained! ($25,930, $27,000 and $28,800)
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