#BTC INTRADAY UPDATE

VOLATILITY EXPECTED: HIGH

EXPECTED SCENARIO:

Today CPI numbers would be out at 12.30PM UTC / 6PM IST, expect high volatility today.

Currently BTC is bullish and expecting R1(31150$) to be tested today.

BULL CASE:

R1(31150$) should be tested today. If Broken, look for R2.

BEAR CASE:

Bearish if we close 2H candle below INTRADAY FLIP LINE(30500$)

NOTE:

On Higher timeframe, Upside next strong resistance is 31200$. We can be bullish above that till 34K$ zone.

On Lower side 28900$ zone should be tested weekly.