BTC faces resistance at 29.9K.Will it retest or fall back down?

*** DISCLAIMER No Financial Advice ***

Bitcoin retraced backup with the microsoft and google beating earnings but NQ1 still didnt respond because the earnings was post market.

So today it could go a little bit higher which will get btc around 29.8K hitting the white bold line and making a new high OR we could jebait and continue the dump

Bottom line is that crypto & stock markets are super bearish, and any upside move is a jebait or short squeez.

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