THE IMPORTANCE OF A $51.1K close (BTC Inverted)
Friends , today is a BIG day for 
BTC, we have already got over the key 49.8K level, and now are trying to leap over 51.1K. That said, 51.1K is a MUCH more challenging level as you can see from the attached chart. We have a confluence of support in the Inverted Fib and the upsloping trend line that has held thus far. A bounce from current levels would send BTC lower ( remember its an Inverted chart), a break down and we rally. The NEXT level of stiff resistance comes in at roughly 
54K, but We will wait on discussing that level, since all that matters now is we break down on this chart. Bulls and Bears will fight here, so do not be surprised by some short term volatility. At the minimum we want to stay over 49.8K. Full disclosure: This looks like it wants to break down. Bring it! :)
BTC, we have already got over the key 49.8K level, and now are trying to leap over 51.1K. That said, 51.1K is a MUCH more challenging level as you can see from the attached chart. We have a confluence of support in the Inverted Fib and the upsloping trend line that has held thus far. A bounce from current levels would send BTC lower ( remember its an Inverted chart), a break down and we rally. The NEXT level of stiff resistance comes in at roughly 54K, but We will wait on discussing that level, since all that matters now is we break down on this chart. Bulls and Bears will fight here, so do not be surprised by some short term volatility. At the minimum we want to stay over 49.8K. Full disclosure: This looks like it wants to break down. Bring it! :) 
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