$BTC #BTC
BTC Review for 02/24-03/02
The market is still moving boringly and waiting for news about the BTC reserve in the US, but I can note two outcomes of events
1) At the moment, the daily candle has retested EMA 21, after which it is logical to go to the order block at (101600-103000) and from these values we watch the reaction, if the price bounces from 102 thousand on increased volumes, then we can take a short with the expectation of a further fall with three targets
1. 99000
2. 95200
3. 93900
2) But if we close below EMA 21 with the daily candle, then I expect a decline to the area of the next order block (93000-92000), also we watch the volume at 93000, if there is a strong reaction to buy, then we close the short and change shoes with further growth to the following targets:
1.95000
2.99000
3.101700
Concerning the fundamentals: everything is also positive, if there is no new news about duties.
Profit to everyone and a good weekend!)