The current price: 23423
Key point: 20555
Our preferred direction: buying positions above 20555 levels, targeting 25100 as a first target, then 26700 as a second target
Alternative scenario: stop loss and change direction by breaking 20555, targeting 18600
Technical comment
Bitcoin is moving in an upward direction on the daily time frame, after rising from the support levels 16000, with the breach of the bearish trend line from the top of last August, so that the price is expected to rise to 25100 levels, then 26700 levels
