30k is a psychological resistance for BTC in my opinion...
...as mentioned earlier, we might go higher from around 22-24k level proved to be true and now it should be difficult for BTC to break above 30k zone.
As per now, the price stopped below 28400 price, but we will see how it closes EOD.
Bulls are still in control, shorting from here is more like a gamble, however I am sure that profit realization is already happening.
Nobody knows where the price ends up and how strong will be the momentum or price action.
Personally I am out of the market, but closely monitoring the situation.
Time will tell.
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...as mentioned earlier, we might go higher from around 22-24k level proved to be true and now it should be difficult for BTC to break above 30k zone.
As per now, the price stopped below 28400 price, but we will see how it closes EOD.
Bulls are still in control, shorting from here is more like a gamble, however I am sure that profit realization is already happening.
Nobody knows where the price ends up and how strong will be the momentum or price action.
Personally I am out of the market, but closely monitoring the situation.
Time will tell.
//
Make sure you follow me for more upcoming ideas and feel free to share your opinion via comment.
If you agree with my analysis support my work by hitting like.)
//
More info: link in bio.
Contact me if you have any questions.