Revised Bitcoin Trend analysis on Weekly Time frame
If BTC consolidate between 28643 to 32485
and it breaks upside will lead to Target of 37900 to 38000
If BTC consolidate between 28643 to 32485
and it breaks downside 28600 It will lead to downward Journey very fast.
below are downside Targets
1st 25475
2nd 19300
3rd 12900 (In case drastic changes in global environment)
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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