📝 Bitcoin/usd(Update)
📍 Btc seeing a strong rejection after nearly hitting our 13,500$ resistance, indicating that there is some strong sell pressure around this 0.382 fib ; on the other hand, we expect good buy pressure to match this around our .5 fib (11,500$~). Our short term support is currently 11,800$-12,100$, while resistance is at 12,575$(last daily close); Our confirmation for next leg up would require a daily close above 12,575$, until then bitcoin can rest and trade sideways in this support zone, maybe giving a chance to altcoins 😅

📚 Daily Supports and Resistance

📗 Supports: 12,100$-11,800$-11,500$~

📕 Resistances: 12,575$-13,000$-13,500$

https://www.tradingview.com/x/vA4LRAXK/