#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: LOW
EXPECTED SCENARIO:
$BTC is trading in the same range. We can be bearish below INTRADAY FLIP LINE (29800$). Else consolidate.
BULL CASE:
BTC is holding supports, max R1(30500$) can be tested in remain bullish.
BEAR CASE:
Bearish below INTRADAY FLIP LINE (29800$). Support S1(29400$)should hold today.
NOTE:
On Higher timeframe, Upside next strong resistance is 31000$. We can be bullish above that till 34K$ zone.
On Lower side 28900$ zone should be tested weekly.