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Bitcoin (BTC): Reached Our Zone of Resistance!

The price of Bitcoin has reached our upper, smaller resistance zone, where so far we are seeing a good rejection.

This zone right here is the key zone for us, as if we fail to hold it right now we will form a full crossover on RSI and there will be a possibility of testing EMAs and even breaking them as well so eyes on the current zone!

Swallow Team
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תמונת-בזק
Bitcoin has reached again the line of 100EMA, where historically we have had pretty good rejections.

We are looking to get another rejection from here and a possible further downward movement toward 50K.

But if somehow we break the EMAs, then there is a chance to see another fakeout form.

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