The current price: 29158
Key point: 28700
Our preferred direction: buying positions above 28700 levels, targeting 30600 as a first target, then 32300 as a second target
Alternative scenario: stop loss and change direction by breaking 28700, targeting 25900
Technical comment
Bitcoin is trading above the bullish price channel from the bottom of last November on the daily time frame, and above the support level 28700, breaching the reversal falling wedge to retest it again, so that the price is expected to rise again to 32300 levels
