💎#Bitcoin found a resistance exactly at around 11,600$-11,700$ zone.
💎11,000-11,100$ zone will act as a support now. There is a strong Fibonacci retracement level (0.618) and moving average supports levels as well.
💎If we will not be able to hold the 11,000-11,100$ support zone, we can have a S/R flip and BTC will have a big problem.
💎On the other hand, If Bitcoin will hold this major support zone, our bias will turn very bullish and we can view this move just as a natural retracement.
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