BTC Daily Update 21 May 2021
Based on BTC daily chart, it tried to break the .618 fib resistance at around 
42K but rejected and now is back testing its support at around 39k. If BTC doesn't hold current support, it will back test lower support at around 37k.
In the short term, I expect BTC fall to around 35k and form a reversal where this could bring more volume to the market and enable BTC to surge to a higher price.
MACD indicates an upward reversal momentum may form in the coming days.
42K but rejected and now is back testing its support at around 39k. If BTC doesn't hold current support, it will back test lower support at around 37k.In the short term, I expect BTC fall to around 35k and form a reversal where this could bring more volume to the market and enable BTC to surge to a higher price.
MACD indicates an upward reversal momentum may form in the coming days.
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