Btc Price Today: How far will the bulls run?

The market has reached a possible reversal zone formed by the upper boundary of the upward price channel and the level of 3500.00. We have a previous candle showing that the market has no power for further upward movement. This is a signal that we can get consolidation or a price change with further downward movement. If this daylight candle is closed at such levels as it is now, this will be a confirmation of a short-term downward movement. RSI addresses the overbought zone and confirms the price change. We must be ready to see the fall into a strong support zone, formed by the levels of 3000.00 and 2900.00. This zone can stop the market and turn it upwards. Probably, we will see price movement in the range up to the middle line of the price channel. The middle line will be a good starting point for further upward movement. If so, we will have a new opportunity to buy. Option, when the market falls below the support zone, it can only with fundamental support. But even if the market falls to the trend line, we will still have a bullish market. The trend line will be a good place to open new long trades. Just do not forget that all reversal signals for purchase must be confirmed by bullish candles and RSI turns.