BITCOIN (#BTCUSD): Waiting For The Next Move ₿ – Analytics & Forecasts – 30 March 2023

⚠️Bitcoin is consolidating after a sharp bullish rally.

The price is coiling within a horizontal trading range on a daily.

Depending on the reaction of the price to its boundaries, I see 2 potential scenarios.

Bullish

If the price breaks and closes above 28950 on a daily,

I will expect a bullish trend continuation.

Target will be 31000.

Bearish

If the price drops and closes below 26300 on a daily,

a bearish move will be expected.

Goal will be 24300.

Because the trend is bullish, I am on a bulls' side as well.