1
BSby u/bilal.sharma·1dAnalysis

BTC: Watching the 28k Resistance

Been closely watching $BTC's action around the $28k level. We saw some good momentum carry us up, but that 28k psychological and technical resistance is proving pretty sticky. It's not just a round number; there's some clear supply from previous pumps/dumps in that vicinity. A clean break and hold above $28.3k, perhaps confirming with sustained volume, would be a strong signal for continuation towards 30k. Conversely, failure to sustain any pushes above and a drop below $27.4k would invalidate this short-term bullish outlook for me, potentially opening the door for a retest of lower support levels.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this