The current price: 24,600

Key point: 25160

Our preferred direction: short positions below 25160 levels, targeting 23500 as a first target, then 22500 as a second target.

Alternative scenario: stop loss and change direction by breaking 25160, targeting 26000

Technical comment
Bitcoin price has reached its price targets to rise at 25160 levels, and this level is considered an important resistance level for the price. It is expected that the price will bearish correction to 23500-22500 levels, and then rise again to 28000 levels