On Daily Basis: BTCUSD (Bitcoin) is proving to be correct and it is gradually moving up after forming a bottom of 17600. Gradual up move is generally not the correction but base formation after completion of bear cycle. All adverse news is absorbed like Voyage Digital, 3 Arrows hedge fund and Luna which is an indicator of base formation before a meaningful Bull rally starts. 25500 should be the first target then 29800. It shall rest at these levels and may make a double bottom formation.
Warning and Disclaimer: Above prediction should not be taken as financial advise, it is a personal opinion. Consult your financial advisor. Investment is subject to market risks. Past performance is not the guarantee for future performance.
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