BITCOIN RESISTANCE AHEAD

BITCOIN RESISTANCE AHEAD



Bitcoin is back in the big daily range and successfully retested an important level with a SFP (Swing Failure Pattern).

There’s a lot of heavy resistance ahead

  • Top of the Range + Fibonacci Golden Pocket
  • Yearly Open + 0.786 Fib Level
  • Monthly/Quarterly Open

Our indicators show that there’s potential for a little more upside in the current price action.
One major problem is the current volume which isn’t showing any signs of strength as of now.