Will Bitcoin find buyers at market?

2023년 8월 24일

Bitcoin - 24h expiry - We look to Buy at 26070 (stop at 25470)

Yesterday's price action saw prices initially spike then move lower to form the range for the day.
A move higher has resulted in prices breaking from the previous range and confirmed our bullish expectation.
Previous resistance at 26200 now becomes support.
We look to buy dips.
The bullish engulfing candle on the daily chart is positive for sentiment.

Our profit targets will be 27570 and 27870

Resistance: 26750 / 27000 / 27500
Support: 26200 / 25800 / 25360

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