Hey traders,hope you have good time.As you can see in the chart, Bitcoin failed to break above 31600 and the price was rejected. Now, based on Ichimoku and price action, the price can move towards 27800-28200 to accumulate liquidity. If the price has a good reaction on these areas, expect Breaking the 31600 resistance and starting an upward rally to around 38000 is very likely. This is just a personal analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.