BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching $28K.
With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing).
Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe.
The next target price is $28300 with stop loss at 21-EMA.
Please do not take overleverage trade in the current scenario.
Note: Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing).
Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe.
The next target price is $28300 with stop loss at 21-EMA.
Please do not take overleverage trade in the current scenario.
Note: Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.