27 and 26.40 for accumulation

Morning folks,

So, based on some recent news, which we think definitely are overpriced, BTC was able to show upside bounce. Our view that the major events are still ahead and 30K level should show whether the major rally starts or not. But, first - BTC has to get there.

Now we have short-term bullish context and consider position accumulation around 27 and 26.40K support area, suggesting that downside retracement might be a bit deeper.

Vital level for this setup is 26K lows. It price drops below it - upward action is over and we're going to 25K.

If everything will be OK, then BTC should try to test 30K area.