Friends,

Welcome to my Daily BTC Review, yesterday, at the start of the week, we observed a strong upside impulse after the US trading session began. Is it a good sign or just deception?

For the last 24 hours, we’ve got rejected from the 41300, we can consider this as a strong seller presence.
Now we are exactly in the middle of big range of 39200 – 42000 and there are 3 possible scenarios:

🟢 We’re starting to conquer the important resistance level of 42000, probably will be rejected to retest the current level of 40800 and heading to 44000 as a main target
🟡 To retest current support zone on 39200, then get bounced back to 41000
🔴 And the worst scenario is falling to lower flour of 37200 to collect some liquidity by liquidation Long traders

Share your thought, which scenario you consider as the most probable?