The current price: 27210
Key point: 27,000
Our preferred direction: buying positions above 27,000 levels, targeting 29,000 as a first target, then 30,000 as a second target.
Alternative scenario: stop loss and change direction by breaking 27000, targeting 25200
Technical comment
Bitcoin still resides within support levels on the daily time frame at 27000-25500 with a 100-day moving average and the formation of a harmonic AB=CD pattern and a reversal wedge pattern, so that the price is expected to rise again to 29000 levels, then 30000 levels
