Bitcoin top may be in place

5 בינו׳ 2021

Bitcoin - The bigger picture

- Bitcoin will make a retest of the 35,000$ resistance level. If this level is broken upwards of then we will see next major resistance at 40,000$.
- The main area of bullish liquidity lays at 26,000-25,000$, at this price level we have loads of bullish orders stacked up.
- A visit to the 26,000$ price level may only come following a rejection of the 35,000$ level in order to stop hunt shorts.