#BTC INTRADAY UPDATE

VOLATILITY EXPECTED: MEDIUM

EXPECTED SCENARIO:

$BTC is in correction today. Expecting S1(30200$) to hold today. We can be bullish only if we close 1H candle above INTRDAY FLIP LINE(30800$)

BULL CASE:

We can be bullish only if we close 1H candle above INTRDAY FLIP LINE(30800$)

BEAR CASE:

Support S1(30200$) should hold today. if broken S2(29700$) will be tested.

NOTE:

On Higher timeframe, Upside next strong resistance is 31000$. We can be bullish above that till 34K$ zone.

On Lower side 25000$ zone is already tested and should hold on weekly. If broken next will be 23500$BTC