BTC/USD (Testing Midterm Trendline Resistance)

💎Technical Analysis Summary💎



BITSTAMP: BTCUSD

-Bitcoin is now testing its mid-term trendline resistance
-Plus this zone is a confluence of Fib ext 1.618 level
-I'm not saying BTC will drop now but only looking at a possible profit-taking zone
-Bitcoin All-Time High is all over the internet news
-Extreme FOMO can easily pierce through this level of interest
-Let us see if there will be a price reaction at this level
-If no sign of weakness, I think it can overcome the 24k dollars and above





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