As expected, the BTC came to the zone marked on the chart. About the weakness of the cryptocurrency and the probable scenario of decrease in this area was pointed out almost a month ago.
At the moment, we have a reverse buyer reaction. Fixing above the block increases the probability of BTC growth with possible targets of 28-29k. Descent under the block increases the probability of decline to the levels of 14k; 12k; 9k.
Note that the gap of ~18500, which I pointed out earlier, was not filled, because the movement took place on the weekend, when the CME exchange is closed. The gap can be closed after the retest of 28-29k levels and in the nearest future.
At the moment, we have a reverse buyer reaction. Fixing above the block increases the probability of BTC growth with possible targets of 28-29k. Descent under the block increases the probability of decline to the levels of 14k; 12k; 9k.
Note that the gap of ~18500, which I pointed out earlier, was not filled, because the movement took place on the weekend, when the CME exchange is closed. The gap can be closed after the retest of 28-29k levels and in the nearest future.
