Bitcoin
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Bitcoin testing major resistance!

Bitcoin is testing major resistance at 15194 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance, bearish divergence) and a strong drop could occur at this level to push price down to at least 12915 support (Fibonacci extension, horizontal swing low support, Fibonacci retracement).

Stochastic (34,5,3) is seeing major resistance below our 97% level of resistance and is also displaying bearish divergence vs price, signaling that a potential reversal is impending.

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Bitcoin (Cryptocurrency)bitcoinlongbitcoinshortBTCUSDbtcusdforecastbtcusdlongbtcusdshortChart PatternsCryptocurrencyHarmonic PatternsTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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