
Above 32098 target 34319/34970 Below 32098 target 30990
expected range: expected range: 31883/34882
Yesterday he was noticed by more than one channel; that Bitcoin had the potential to extend the break below 34,800 to 30,000 and possibly even more. Well, this prognosis began to gain more traction in afternoon trading as the major cryptocurrency dropped to $ 31,036. At that point it looked like a move to test 30,000 was on paper before the broader US shutdown. Well, in case that didn't happen, the price started to recover not long after the London FX 4pm correction. The price then recovered 33k in subsequent US trading and that rebound has just continued as Bitcoin rises again in recent trading. The move above 33,500 has just extended to 33,700, which is close to the high of the previous Asian session at 33,809. Of course this could bounce further but will still need to make a sustained recovery back above 34,800 and possibly more likely above 35k if the threat or further downside is to dissipate. Bitcoin is now trading at 33,560
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Gafico from tradingview.com