Following up from this morning analysis BTC has now broken the 32k level giving the bears the new target of 30k/28.8k to hit over the weekend.
It looks like a re-test of the 20 EMA isn't going to happen now as the bearish pressure was stronger than I thought, this is all good though as the quicker BTC hits the 23k/20k zone the quicker we can end this bear market.
My short term analysis now would be to see some sort of retest of the 32.3k level and a continuation lower targeting 31k and then as I mentioned 30k/28.8k shortly after before we could expect a nice pull back.
It looks like a re-test of the 20 EMA isn't going to happen now as the bearish pressure was stronger than I thought, this is all good though as the quicker BTC hits the 23k/20k zone the quicker we can end this bear market.
My short term analysis now would be to see some sort of retest of the 32.3k level and a continuation lower targeting 31k and then as I mentioned 30k/28.8k shortly after before we could expect a nice pull back.