Bitcoin 28 April 2022
Bitcoin all time history index INDEX:BTCUSD
TOP Side = 40600 – 41000 according to Implied Volatility and ATR
BOT Side = 37800 – 37500 according to Implied Volatility and ATR
Expected movement at 28April 00h between 3.5 – 4.5% movement during the day
In terms of fundamentals that can affect BTC
At 14:30 european time(in 4h) we have the release of :
US GDP
US Jobless claims
Both of the them are expected to lower than previous values -> Bearish Movements
Conclusion:
Once BTC is going to get closer to 40k we can go into a short trade
with SL above 41k and aim for 38-39k
