BTC pushing into resistance. Correction imminent

9 thg 5, 2019

BTC is currently pushing into heavy resistance. Reviewing the price action from the deep bear market of 2015 you can see price rose to meet the earlier 2013/2014 support levels before again capitulating to form a second low which kicked off the long bull cycle through 2017. Expect similar action here as price spent nearly a year at 6K and the level up through 6.4K is heavy resistance.