The current price: 26526
Key point: 25221
Our preferred direction: buying positions above 25221 levels, targeting 28500 as a first target, then 30000 as a second target
Alternative scenario: stop loss and change direction by breaking 25221, targeting 22000
Technical comment
Bitcoin rose on the daily timeframe from the pivotal support levels 24100-25220, with the presence at the lower border of the rising price channel from the bottom of last November, near the 200-day moving average, so that it is expected that Bitcoin will rise to reach 28500 levels, then 30000 levels