#BTC INTRADAY UPDATE

VOLATILITY EXPECTED: HIGH

EXPECTED SCENARIO:

$BTC is bearish today.

Today CPI numbers would be out at 12.30PM UTC/ 6PM IST.

We can be bullish if we sustain 1H above INTRADAY FLIP LINE(29800$) only.

BULL CASE:

bullish if we sustain 1H above INTRADAY FLIP LINE(29800$). Look for R1 and R2 in that case.

BEAR CASE:

BTC is bearish and Look for Supports S1 else S2.

NOTE:

On Higher Timeframe, only if we sustain above 30500$, we can be bullish.

Mostly if we cannot cross 30200$, then we can see a crash to 28100$ soon.