#BTCUPDATE - 27.6.21


Quite an easy going one today. A clear symmetrical triangle formed, traditionally when bearish movement into these patterns then that movement is continued coming out of it. although there are currently a lot of metrics suggesting otherwise and a push up will happen coming out this time.

It looks like there should be a continued push to 34.6k where there will be a likely rejection back to 32k region which will be quite a critical point.

A breakdown then it could be big and 26k/25K can get filled. Bounce up and break up on this pattern will very likely see 40k with continued movement in the longer term range

I am a little more bearish at the moment personally so think a breakdowm again is more likely
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