Further Development
Analyzing the current trading chart of BTC, I found thatBTC is heading towards our first target at $12,050, which is good sign for further upside continuation.
My advice is still to watch for buying opportunities using the intraday charts with take profits at $12,050 and $12,400
The main cause of the most recent strength on the BTC was the breakout of the symmetrical triangle in the background.
Key Levels:
Resistance:$12,050 and $12,400
Support level: $11,200