BITCOIN: Time For Rejection?
Looking at Bitcoin from a price action perspective, we can notice that BTCUSDT is trading at a critical resistance zone at 21760$, and 50% Fibonacci retracement level at the same time!
If the mentioned resistance zone holds, there will be a high probability for a rejection targeting 21160$ as a first target, and maybe 20700$ later next week.
Keeping an eye on the daily candle close today!
If the mentioned resistance zone holds, there will be a high probability for a rejection targeting 21160$ as a first target, and maybe 20700$ later next week.
Keeping an eye on the daily candle close today!
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