The current price: 30317
Key point: 29800
Our preferred direction: buying positions above 29,800 levels, targeting 32,300 as a first target, then 35,000 as a second target.
Alternative scenario: stop loss and change direction by breaking 29800, targeting 28400
Technical comment
Bitcoin is moving in an upward direction on the daily time frame from inside an ascending channel from the bottom of last November and above the support levels 29800, and Bitcoin is still targeting higher levels to reach 32300 levels, then 35000 levels