Where is Bitcoin Heading?!? Short term Targets?!? (Technical Analysis)

Bitcoin Started Falling in Mid May and is still in consolidation. And this period may be one of the most consolidation periods in BTC history.

So Let's See what the charts are telling Us:

1. Major Support is between 28,000-30,000 USD.

2. Through the size of the wicks and candles formed we can see that buyers are in plenty.

3. So we should look for Buying opportunities more.

Let's look at it on a Lower time frame like 4Hrs:

1. As we can see in the image buyers are pushing up the price.
2. A considerable upwards move is coming whenever price reaches that Demand Zone.
3. We can see the important candlestick patterns which are forming in this chart through the image below.

Let's see our Short term targets:

1. We can see there is a breakout and a Retest at 34,000 levels.

2. This may be the best time for going long.

3. Targets are 38,000 for conversation traders and 40,000 for Risk Takers.
   Good-luck Trading!!!

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